Published by Global Banking & Finance Review®
Posted on April 15, 2026
1 min readLast updated: April 15, 2026
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Incoming PRA chief highlights Britain could benefit from the ECB’s move to streamline supervision and embrace a more efficient, risk‑based approach to oversight, as outlined in its recent task force recommendations and SREP reforms.
April 15 (Reuters) - The incoming head of the UK's prudential regulator for banks and insurers said on Wednesday that Britain could learn from the European Central Bank's review of its approach to bank supervision.
The ECB on Tuesday published material examining the competitiveness of the EU banking system.
"I was interested that the ECB are also talking about the approach to supervision and not just the rules. I think there are things to be learned from that," Braddick told lawmakers at her pre-appointment hearing before parliamentary Treasury Committee.
(Reporting by Pheobe Seers, editing by Andy Bruce)
Braddick is the incoming head of the UK's Prudential Regulation Authority (PRA).
The ECB published material examining the competitiveness of the EU banking system and their approach to bank supervision.
Braddick indicated that the UK could learn from the ECB's review, not just in terms of rules but in the approach to supervision.
Braddick spoke before the parliamentary Treasury Committee at her pre-appointment hearing.
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