The systemic risk buffer for UK banks: a response to the Bank of England's consultation paper
The article responds to the Bank of England’s (BoE) consultation paper of January 2016 on the systemic risk buffer for UK ring-fenced banks. It argues that, contrary to its proposed policy, the BoE should apply the highest permitted buffer rate—3 per cent of risk-weighted assets of common equity—to...
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Format: | Journal article |
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Oxford University Press
2016
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