• Bank of England FPC: overall level of risk to UK financial stability "broadly unchanged" since november meeting”

Market news

27 March 2017

Bank of England FPC: overall level of risk to UK financial stability "broadly unchanged" since november meeting”

  • Wants to avoid spillover from any sudden adjustment to banks' business models

  • Will oversee banks' contingency plans to handle "range of possible outcomes" from Brexit talks

  • 2017 stress tests to have two scenarios, one short-term and one long-term

  • Remains committed to robust regulatory standards

  • BoE to launch review into credit quality of new consumer lending

  • Will review 13.5 pct tier capital ratio goal once basel iii standards completed

  • 2017 explanatory scenario focuses on pressures to bank profits

  • 2017 short-term 'cyclical' scenario similar to 2016, factors in risk of sharper china down turn


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