Doubts mount over BoE proposal to dilute bank liquidity rules
Before SVB collapse, UK suggested loosening NSFR reporting for smaller banks
The fall of Silicon Valley Bank’s UK subsidiary has prompted doubts about a Bank of England plan to loosen liquidity rules for smaller banks, which was announced just weeks before the regional banking crisis gripped the US.
The BoE’s Prudential Regulation Authority published a consultation paper on February 27 proposing reporting burdens for the net stable funding ratio (NSFR) could be reduced
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