PRA

PRA is a regulatory body responsible for overseeing and supervising financial institutions, including banks, insurance companies, and investment firms, to ensure their stability, solvency, and compliance with financial laws and regulations.

Why it’s in the news: It is in the news due to its increasing focus on regulating the adoption and use of artificial intelligence within the financial sector to manage risks and ensure consumer protection.

Latest on PRA

• Law Practice Management Company Smokeball Unveils New Global Brand Built Around ‘Powering People-Law’
• Carrick praises Rashford's revival as Manchester United eye late signings
• CCPA Fines Amazon Over Fake ‘Shree Ram Mandir Ayodhya Prasad’ Listing
• Dedicated ‘Japan City’ being developed in Uttar Pradesh: CM Adityanath
• Sonata Software announces Hariprasad Rebala as Chief AI Officer
• TRM Launches Enterprise AI Practice to Help Asset-Intensive Organizations Operationalize Artificial Intelligence
• UK financial regulators just endorsed an AI adoption roadmap written by the banks themselves

Connections

1 entities linked to PRA across the news graph.