cryptohunter
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The Prudential Regulation Authority (PRA) is like a watchdog for electronic banking. Connected to the Bank of England, it makes sure financial institutions, especially those in electronic banking, are safe and solid.
For electronic banking, the PRA checks how banks deal with risks in digital money services. They want to make sure online banking is super secure, protecting your info and keeping money transactions safe.
The rules set by them includes making sure they have enough money, handle risks well, and can keep things stable in the money world.
For electronic banking, the PRA checks how banks deal with risks in digital money services. They want to make sure online banking is super secure, protecting your info and keeping money transactions safe.
The rules set by them includes making sure they have enough money, handle risks well, and can keep things stable in the money world.
