O-SII buffers to exclude central reserves under new FPC proposals
O-SIIs’ total assets “may no longer be a desirable metric” to determine their buffer rates, according to the Bank of England’s financial policy committee, as it proposes to reduce their buffer thresholds by £15 billion by excluding central reserves.
To read more
Register for free access to GBRR
Global Banking Regulation Review is an essential platform for in-house and private practitioners covering the latest reforms in compliance, conduct and prudential regulation affecting the world’s largest banks.