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BoE says more work needed on UK bank capital requirements

Executive director for prudential policy David Bailey says leverage ratio among issues under review

david bailey
David Bailey

The Bank of England’s Prudential Regulation Authority (PRA) has said it is conducting more work on reforming UK banks’ capital requirements.

In a speech at the JP Morgan UK Banks Asset and Liability Management conference today (April 28), the BoE’s executive director for prudential policy David Bailey said maintaining trust in the financial system was important if firms were to “have the confidence to invest and build their businesses”.

Bailey said reforms to the UK’s prudential regulatory regime

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