PRA announces ring-fence change to reduce costs

Bank of England News Saturday 30 May 2026, 21:20 UTC 1 min read

Key Points

The Prudential Regulation Authority has today announced plans to consult on reforming rules around shared operational services for ring-fenced banks.

PRA (ORG) The Prudential Regulation Authority (ORG)

Originally published by Bank of England News Read original →

Prediction markets such as Kalshi and Polymarket could soon be barred from offering certain types of sports-related event contracts, including those involving officiating outcomes or player injuries. The Commodity Futures Trading Commission, the federal agency that regulates prediction markets, on Wednesday released a 267-page proposal that would rework and more carefully define some of the rules governing prediction markets and the types of event contracts they can offer. The proposed...

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