BoE director says bail-ins getting closer


A director of the Bank of England (BoE), Andrew Gracie, on September 17 said the central bank is moving closer to an operational ‘bail-in' regime that will ensure losses are assigned to shareholders and creditors rather than public funds.

Speaking at the British Bankers' Association in London, Gracie outlined how the central bank has created a framework for implementing bail-ins with systemically important financial institutions.

The framework is part of the European Recovery and Resolution

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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 here: