Key facts
- Katharine Braddick is the new chief executive of the Prudential Regulation Authority.
- Braddick aims for the PRA to be a thought leader on financial regulation supporting growth and stability.
- She also discussed the PRA's role in bank competitiveness and simplifying regulation.
Katharine Braddick, the newly appointed chief executive of the Prudential Regulation Authority (PRA), has outlined her vision for the UK's prudential watchdog. In her ambitions presented to lawmakers, Braddick stated that the PRA must act as a "thought leader" in ensuring financial regulation supports economic growth while maintaining stability. The former Barclays executive also addressed the PRA's influence on banks' competitiveness and her views on streamlining banking regulations.