Schedule 1ZB, Part 1, paragraph 19(1)

At least once a year the PRA must make a report to the Chancellor of the Exchequer on— the discharge of its functions, the extent to which, in its opinion, its objectives have been advanced, how it has complied with section 2H(1), how it has complied with the statement of policy on panel appointments prepared under section 2NA in relation to the process for making appointments and the matters considered in determining who is appointed, its consideration of the principles in section 3B ..., how it has complied with section 3D, any direction given under section 3I or 3J during the period to which the report relates, how it has satisfied the requirement in section 138EA(2) so far as regarding disclosure requirements in connection with matters relating to sustainability, how it has complied with section 354B(1) so far as relating to co-operation with persons outside the United Kingdom, ... any engagement with the statutory panels of the FCA, the PRA or the Payment Systems Regulator, how it has satisfied the requirement in section 416B to have regard to any SDR policy statement of the Treasury under section 416A (sustainability disclosure requirements: policy statement), and such other matters as the Treasury may from time to time direct.

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Source: legislation.gov.uk · retrieved 2026-09-04