Bank of England mulls ‘further steps’ to boost City’s global competitiveness Banking The UK's banking regulator is mulling "further steps" to boost the City's international competitiveness as one of its top brass hailed a "broadly welcoming" response to its softening of bank capital rules.
UK’s banking regulator ‘extremely mindful’ of US on capital rules overhaul Banking The UK’s banking regulator is “extremely mindful” of pushing ahead with a sweeping set of capital rule changes while the US’s reform package remains up in the air, its chief executive has said. Sam Woods, the deputy governor of the Bank of England and boss of the Prudential Regulation Authority, told the Following the Rules [...]
Regulator set to postpone UK bank capital reforms until at least January 2026 Banking The UK’s main banking regulator is reportedly planning to delay the latest series of bank capital reforms as it monitors how the rules are developing in the US. The Bank of England’s Prudential Regulation Authority (PRA) is set to delay its entire Basel 3.1 package until at least January 2026, with an official announcement expected in the [...]