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Bank of England appoints Andrea Enria to Prudential Regulation Committee

The Bank of England has appointed Andrea Enria, the current chair of the European Central Bank's Supervisory Board, to its Prudential Regulation Committee (PRC) starting in June 2025. Enria, who has been at the helm of the ECB's supervisory activities since 2019, will join the PRC for a term of three years. His appointment comes as part of the Bank of England's strategy to enhance its regulatory framework following Brexit, aiming to ensure the stability and resilience of the UK's financial system. Enria's extensive experience in financial regulation across Europe is expected to bring valuable insights to the committee, which oversees the regulation of banks, building societies, and other financial institutions in the UK.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/bank-england-appoints-andrea-enria-prudential-regulation-committee-2025-01-28/ ]