Matching Adjustment Permissions | Prudential Regulation Authority Handbook & Rulebook
Prudential Regulation Authority Rulebook

Prudential Regulation Authority Rulebook

Part

Matching Adjustment

Chapter

Matching Adjustment Permissions

Printed on: 09/07/2025

Rulebook at: 21/11/2024


3

Matching Adjustment Permissions

3.1

A firm making a matching adjustment permission application must confirm to the PRA in writing and submit, as a minimum, documentary evidence that demonstrates that the relevant portfolio of assets and relevant portfolio of insurance or reinsurance obligations, and, if the context requires, the firm, satisfies the matching adjustment eligibility conditions.

  • 30/06/2024

3.2

A firm that applies the matching adjustment to a relevant portfolio of insurance or reinsurance obligations must not revert back to the approach that does not include a matching adjustment.

  • 30/06/2024