Bank of England
- Date 10 February 2016
- Sector Central government
- Decision(s) FOI 44: Not upheld
The complainant has requested information on an instruction by the Prudential Regulation Authority (‘PRA’), a division of the Bank of England (‘the Bank’), to the National Australia Bank (‘NAB’) regarding provision against potential losses related to legacy conduct costs. The Commissioner’s decision is that the Bank of England appropriately applied the exemption contained in section 44 of the FOIA. The Commissioner does not require the public authority to take any steps.