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FSRE 1 · The PRA's Role
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The PRA's Role
PRA's primary and secondary objectives, its supervisory approach, and which types of firms it regulates.
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The PRA's Role
The PRA focuses on the safety and soundness of the firms it regulates, to protect depositors, policyholders and the wider financial system.
Question 3
True or false?
The PRA focuses on the safety and soundness of the firms it regulates, to protect depositors, policyholders and the wider financial system
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General Approach
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PRA Statutory Objectives
Question 6
Which term matches: "Safety and soundness of PRA-authorised firms"
Question 7
What does "Secondary" mean?
Question 8
Match each term in "PRA Statutory Objectives" to its meaning
Tap a term, then tap its matching definition.
Question 9
Fill in the blank
______ — Facilitating competitiveness and growth
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How the PRA Supervises
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What the exam tests
PRA's primary and secondary objectives, its supervisory approach, and which types of firms it regulates.
Question 12
True or false?
PRA's primary and secondary objectives, its supervisory approach, and which types of firms it regulates