PS15/26: Pillar 2A Phase 1 Final Policy for UK Banks
The PRA's May 2026 final policy is about clearer Pillar 2A methodology, more proportionate expectations and better-prepared capital dialogue ahead of 2027.
A boutique advisory firm bridging the United Kingdom and the Gulf, partnering with financial institutions and their boards on the decisions that define the next decade.
Four interlocking service areas, drawn on individually or in combination, delivered exclusively by senior practitioners.
Working with banks, insurers and asset managers across the UK and GCC to interpret, implement, and operationalise the most demanding regulatory expectations.
ExploreHelping financial institutions move from legacy estate to a modern, cloud-native, AI-enabled operating model — without losing the run-the-bank in the process.
ExploreSupporting CFOs and Treasurers across UK and GCC institutions on balance sheet optimisation, financial reporting transformation, and treasury operating model design.
ExploreDesigning and uplifting governance, risk and control frameworks at the standard expected of systemically important UK and Gulf institutions.
ExplorePillar IQ was founded by senior practitioners frustrated with pyramid staffing and decks that don't survive contact with reality. We work in small, senior teams, on the issues that matter most to the leadership of the institutions we serve - across the UK and the Gulf.
UK prudential and conduct depth combined with hands-on Gulf market experience.
InsuranceSolvency II, IFRS 17 and the supervisory realities shaping insurer operating models.
FintechAdvice for firms scaling products, partnerships and controls in parallel.
Sovereign WealthGovernance, operating model and investment platform questions at institutional scale.
Family OfficesSupport for family capital becoming more structured, cross-border and institutional.
CorporateTreasury, reporting and control frameworks with financial-services grade discipline.
Every engagement is delivered by senior people who have done the work themselves - former CFOs, Heads of Risk, regulators, and transformation leads. No pyramid staffing, no junior leverage.
Genuine dual presence in London and Dubai, with teams that move between them. We translate UK prudential depth into Gulf market context, and vice versa.
We are accountable for outcomes, not for slides. Our engagements end when the change has happened - in the operating model, in the numbers, in the regulator's view of you.
The PRA's May 2026 final policy is about clearer Pillar 2A methodology, more proportionate expectations and better-prepared capital dialogue ahead of 2027.
The PRA's March 2026 consultation sharpens the focus on monetisation risk, central bank readiness, PRA110 redesign and the first days of a liquidity stress.
With the PRA's Basel 3.1 implementation date now firmly in view, UK banks face a compressed timeline to translate policy into operational change.