Building Strong And Simple: The First Step - Speech By Victoria Saporta, Given At The Bank Of England Webinar On PRA Policymaking And The Strong And Simple Discussion Paper Date UK is able to take a new approach to regulating banking and insurance services post-Brexit. Vicky Saporta sets out a new prudential regime that is robust enough to safeguard the stability of the UK’s financial system. She describes our approach to international markets as open, yet safe. Then she talks about our ‘strong and simple’ prudential framework for small, non-systemic banks and building societies that are trying to grow.