Definition of PRA Rules


PRA Rules means any rules and guidance made by the PRA under FSMA and set out in the PRA's handbook of rules and guidance as amended from time to time, and includes any rules and guidance made by any successor regulatory body;
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Examples of PRA Rules in a sentence

Each Obligor shall observe and comply with all applicable acts, byelaws and regulations (including, without limitation, under the Financial Services and Markets Act 2000 (and related subordinate legislation) and the FCA Rules and the PRA Rules (as amended from time to time) and any conditions or requirements prescribed under any applicable acts, byelaws and regulations), the failure to observe or comply with which would reasonably be expected to have a Material Adverse Effect.