Capital And (For A Change) Liquidity Buffers − Speech By Victoria Saporta, Bank Of England Executive Director, Prudential Policy, Given At The Bank Of England

The UK Prudential Regulation Authority (PRA) requires UK banks to hold ‘buffers’. These are extra funds that banks can use in times of stress.

Vicky Saporta says there is evidence that banks are reluctant to use these buffers and she explains why. Then she starts a discussion on what the PRA could do to make it easier for banks to use them.

Click here for full details.