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Financial licensing authority · United Kingdom

Prudential Regulation Authority (PRA)

Explore financial-business licences, territorial scope, and official licensing sources.

At a glance

Licensing overview

Institution
Financial licensing authority
Home jurisdiction
United Kingdom
Selected business activities
3
Countries & territories
1

Permissions & responsibilities

What it licenses

Banking and deposit taking

Bank authorisation

Authorisation
Issuer role
Joint licensing authority
Territorial scope
United Kingdom

Final bank authorisation is issued by the PRA with the required consent of the FCA.

Official sources

Bank of England / Prudential Regulation Authority

Credit unions and cooperative finance

Credit union authorisation

Authorisation
Issuer role
Licensing authority
Territorial scope
United Kingdom

Credit union authorisation for businesses within the authority's stated jurisdiction.

Insurance and insurance intermediaries

Insurer authorisation

Authorisation
Issuer role
Licensing authority
Territorial scope
United Kingdom

Insurer authorisation for businesses within the authority's stated jurisdiction.

Where the permissions apply

Jurisdictions & coverage

  • United Kingdom

State and financial-zone licences can have narrower territorial scope. See the authority’s sources for cross-border permissions and application requirements.