Bank concerned on clarity of stability role

The Bank of England on Monday called for more clarity on and greater powers to fulfil its financial stability mandate.

The British legislature in February granted the Bank statutory responsibility for financial stability as part of the Banking Act. The act legislates for the creation of a financial stability committee and a special resolution regime to handle bank failures.

But both Mervyn King, the governor of the Bank, and Sir John Parker, the chairman of the committee of the Bank's non

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account