UK Finance is pleased to respond to the PRA’s consultation on CP14/18 consultation on UK Leverage Ratio: Applying the framework to systemic ring-fenced bodies and reflecting the systemic risk buffer.

UK Finance supports the proposals in the CP 14/18 which have been well signalled in advance by the Financial Policy Committee (FPC) and the Prudential Regulatory Authority (PRA). We also support the reiterated confirmation that the FPC will conduct a comprehensive review of the leverage ratio framework in the light of international developments and will also consider broadening the scope of the Leverage Ratio. UK Finance looks forward to responding to this planned review in due course.

UK Finance response to the PRA’s consultation on CP14/18 on UK Leverage Ratio