Bank of England to mull variable leverage ratio

By Owen Sanderson
27 Mar 2014

The Bank of England’s review of rules on UK banks' leverage ratios will consider a variable ratio that can be used counter-cyclically, alongside risk-weighted standards.

The BOE's Financial Policy Committee will report by November on how the UK leverage ratio should work, going beyond the Basel III standards on leverage.

The FPC announced the terms of reference for the review on Thursday. They include “the merits of being able to vary leverage ratios ...

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