Financial Policy Committee angles for full powers over UK leverage ratio regime

Bank of England
Bank of England

The Bank of England's (BoE) Financial Policy Committee (FPC) is likely to recommend the UK government gives it full responsibilities over leverage ratios later this year, including their design and supervision, the body said today.

The FPC said it was "minded to recommend to [the] Treasury that it be granted powers of direction over all components of the leverage ratio framework that are not harmonised under [EU] legislation", as it launched a final consultation on the framework's design, set to

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 indvidual account here: