PRA Publishes CP 14/18

July 4th 2018

The PRA has published CP 14/18, which the Prudential Regulation Authority (PRA) proposes to apply the systemic risk buffer (SRB) framework in the UK leverage ratio framework. This includes a proposal to apply leverage ratio requirements on a sub-consolidated basis to those ring-fenced bodies (RFBs) whose groups are already required to meet leverage ratio requirements on a consolidated basis – hereafter ‘RFBs in scope’.

For more information, please refer to the Consultaion Paper set out by the Bank Of England, here.

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