BoE’s Brazier values flexibility with bank buffers

Alex Brazier: Bank of England will have a bias towards ‘acting early and gradually’

The Bank of England (BoE) will have a "bias" towards "acting early and gradually" on capital buffers, in reaction to shifting risks, its executive director for financial stability, Alex Brazier, said on March 7.

"We shouldn't be asking whether a downturn or a bad event is destined to happen. We are not looking for irrefutable proof. Capital buffers should be based on whether the evidence says there is a threat that could materialise in future," he said.

Stress tests would, he said, help guide

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: