Monday 18 April 2016

UK: Treasury Committee inquiry into bank capital standards

In an announcement last Friday, the chairman of the House of Commons Treasury Committee, the Rt Hon Andrew Tyrie MP, announced that the Committee would soon begin an inquiry into bank capital standards: see here. This follows the Committee's publication of a letter (here, pdf), from the Governor of the Bank of England to the Committee, concerning the disagreement between Sir John Vickers (chairman of the Independent Commission on Banking) and the Financial Policy Committee over the implementation of the systemic risk buffer.

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