FX & CFD trading involves significant risk
Brexit seriously increases risk outlook
Reduced the UK countercyclical capital buffer rate from 0.5% to 0% of banks' UK exposures with immediate effect.
Welcomed the Bank of England's announcement that it will continue to offer indexed long-term repo operations on a weekly basis until end-September 2016. This is a precautionary step to provide additional flexibility in the Bank's provision of liquidity insurance, further reinforcing the ability of firms to draw on their own liquidity buffers.
Supported the position of the PRA to allow insurance companies to use flexibility in Solvency II regulations to recalculate transitional measures. These measures smooth the impact of those new regulations.
|remaining time till the new event being published|