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...
| Κύριος συγγραφέας: | |
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| Μορφή: | Journal article |
| Έκδοση: |
Oxford University Press
2016
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| _version_ | 1826266181790597120 |
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| author | Vickers, J |
| author_facet | Vickers, J |
| author_sort | Vickers, J |
| collection | OXFORD |
| description | 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 all large ring-fenced banks. The BoE’s reasons for lowering its estimate of optimal equity capital requirements are assessed critically. |
| first_indexed | 2024-03-06T20:35:01Z |
| format | Journal article |
| id | oxford-uuid:3256fd49-db13-4c6a-b06c-a51513996fdc |
| institution | University of Oxford |
| last_indexed | 2024-03-06T20:35:01Z |
| publishDate | 2016 |
| publisher | Oxford University Press |
| record_format | dspace |
| spelling | oxford-uuid:3256fd49-db13-4c6a-b06c-a51513996fdc2022-03-26T13:13:21ZThe systemic risk buffer for UK banks: a response to the Bank of England's consultation paperJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:3256fd49-db13-4c6a-b06c-a51513996fdcSymplectic Elements at OxfordOxford University Press2016Vickers, JThe 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 all large ring-fenced banks. The BoE’s reasons for lowering its estimate of optimal equity capital requirements are assessed critically. |
| spellingShingle | Vickers, J The systemic risk buffer for UK banks: a response to the Bank of England's consultation paper |
| title | The systemic risk buffer for UK banks: a response to the Bank of England's consultation paper |
| title_full | The systemic risk buffer for UK banks: a response to the Bank of England's consultation paper |
| title_fullStr | The systemic risk buffer for UK banks: a response to the Bank of England's consultation paper |
| title_full_unstemmed | The systemic risk buffer for UK banks: a response to the Bank of England's consultation paper |
| title_short | The systemic risk buffer for UK banks: a response to the Bank of England's consultation paper |
| title_sort | systemic risk buffer for uk banks a response to the bank of england s consultation paper |
| work_keys_str_mv | AT vickersj thesystemicriskbufferforukbanksaresponsetothebankofenglandsconsultationpaper AT vickersj systemicriskbufferforukbanksaresponsetothebankofenglandsconsultationpaper |