Bank of England looks to limit damage from balance sheet Balkanisation
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Bank of England looks to limit damage from balance sheet Balkanisation

Bank of England 230

The Bank of England has drawn up new rules for banks which seek to limit the UK’s exposure to the "deglobalisation" of bank balance sheets. Rules including the US requirement for "intermediate holding companies" and EU proposals for "intermediate parent undertakings" limit banks’ ability to move capital and liquidity around the banking group — leaving regulators without these safeguards concerned.

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