Last month the Financial Policy Committee issued a direction and recommendation to the Prudential Regulation Authority concerning the leverage ratio framework for major UK banks and building societies: see here (pdf). The PRA is now consulting on how it will implement the UK's leverage ratio framework: see here (pdf). Further background information is available here.
Monday, 13 July 2015
UK: PRA consults on implementation of leverage ratio framework
Last month the Financial Policy Committee issued a direction and recommendation to the Prudential Regulation Authority concerning the leverage ratio framework for major UK banks and building societies: see here (pdf). The PRA is now consulting on how it will implement the UK's leverage ratio framework: see here (pdf). Further background information is available here.
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