Lobbyist complains about UK bank wind-down rules

Jasper Cox

January 06, 2020 11:45 am

BankofEngland_PA_230x150_6Jan2020 — File photo dated 20/9/2019 of the Bank of England, in the City of London. The Bank of England is expected to keep interest rates unchanged on Thursday in its first meeting since Boris Johnson's election victory, despite growth flat-lining in Britain's Brexit-battered economy. | Yui Mok/PA Wire/PA Images

UK Finance has said that the array of different regulatory requirements for firms is increasing operational risks, with the approach to solvent wind-downs one example of regulators contradicting each other.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login

✔ 4,000 annual insights
✔ 700+ notes and long-form analyses
✔ 4 capital markets databases
✔ Daily newsletters across markets and asset classes
✔ 2 weekly podcasts

Topics

Regulation FIG People and Markets Europe EMEA FIG People and Markets

JC

Jasper Cox