Prudential Regulation Authority Rulebook

1.

SDDTs and SDDT consolidation entities shall disclose the information outlined below with the following frequency:

1. (a) on an annual basis the information referred to in:
1. (i) [deleted];
2. (ii) point (d) of Article 438;
3. (iii) points (a) to (d), (h)(i) and (h)(ii) of Article 450(1);
2. (b) on a semi-annual basis the key metrics referred to in Article 447.

2.

By way of derogation from paragraph 1 of this Article, SDDTs that are non-listed institutions are not required to make the disclosures specified in that paragraph.

3.

In relation to any disclosure relating to a period ending on or before 30 June 2027, this Article as it stood immediately before 1 January 2024 applies, with the modification in paragraph 4, to any institution that:

1. (a) was a small and non-complex institution immediately before 1 January 2024 and continues to be so; and
2. (b) is not an SDDT or an SDDT consolidation entity.

4.

The modification referred to in paragraph 3 is that for any institution subject to that paragraph that is a small CRR firm the disclosure required in relation to the information referred to in Article 450 is as follows:

1. (a) for a non-listed institution, no disclosure is required;
2. (b) otherwise, points (a)-(d), (h)(i) and (h)(ii) of Article 450(1).