You can use the search function to find a range of UK Finance material, from consultation responses to thought leadership to blogs, or to find content on a range of topics from Capital Markets & Wholesale to Payments & Innovation.
UK Finance has responded to the PRA’s CP 17/23 on the capitalisation of Structural Foreign Exchange positions.
We agreed that the proposed new rules remove of some ambiguity in the existing Capital Requirements Regulation but raised some questions in relation to the hedging of items held at historic cost - for instance buildings – and the treatment of Additional Tier 1 capital instruments, as we are concerned the proposed rule changes could result in double counting of risk, leading to unnecessary extra capital being held by banks.
PRA’s CP 17/23
PDF: 356 KB
31.01.24
26.04.24
22.04.24
24.04.24
By downloading this document, you understand and agree that any sharing, distribution or republishing of the content, without prior written authorisation from the author or content managers at UK Finance, shall be constituted as a breach of the UK Finance website terms of use.