The Bank of England has published a Policy Statement on the Implementation of the Basel 3.1 standards in the U.K., taking account of responses to its Consultation Paper 16/22 published in November 2022. The Basel 3.1 changes...more
The final implementation of Basel III, published in December 2017 as an updated global framework for capital requirements, is fast approaching. Basel III introduced a number of changes to the credit, market and operational...more
Approach to assessing resolvability: BoE consultation - The Bank of England (BoE) and the Prudential Regulation Authority (PRA) are consulting in parallel on a package of proposals relating to their policies for...more
COVID-19 and bank lending: letter from HM Treasury, BoE and FCA - On 25 March 2020, HM Treasury published a joint letter, from the Chancellor, the Governor of the Bank of England (BoE) and the Chief Executive Officer (CEO)...more