During the life of a mechanism, the borrower`s financial situation should fluctuate. Sometimes circumstances change so much that she wants the terms of the documentation in the schedule to be formally modified to reflect that change. For example, a borrower could ask their lenders to ease the financial obligations imposed on them if their financial situation has improved significantly and appears to be sustainable. Conversely, if the borrower is not doing well financially, he could ask his lenders to reschedule the debt in order to make the repayment dates accessible. These types of changes are permanent. On 29 August 2015, the Prudential Regulation Authority (PRA) published the PRA Rulebook. The transition from the manual to the regulatory framework should benefit companies authorized by the PRA in order to have access to clearer and more concise rules. In addition to rules, surveillance declarations and declarations.. . .