The Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014 were laid before Parliament yesterday. An explanatory memorandum is available here (pdf). The Regulations implement in part the provisions relating to capital buffers in Directive 2013/36/EU; they also make amendments to the Bank of England Act 1998 to specify the procedure for notifying proposed macro-prudential measures under Article 458 of Regulation (EU) No 575/2013.
Friday, 4 April 2014
UK: The Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014
The Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014 were laid before Parliament yesterday. An explanatory memorandum is available here (pdf). The Regulations implement in part the provisions relating to capital buffers in Directive 2013/36/EU; they also make amendments to the Bank of England Act 1998 to specify the procedure for notifying proposed macro-prudential measures under Article 458 of Regulation (EU) No 575/2013.
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