UK government rejection of ICB leverage ratio favours lending over stability, expert says

mckeemichael-dla-piper
Michael McKee, DLA Piper

The rejection of the UK Independent Commission on Banking's (ICB) recommendation that banks' leverage ratio should sit at 4% of capital base instead of 3% represents a decision by the UK government to sacrifice systemic stability in order to increase lending, according to one legal expert.

In a white paper released on June 14, the government set out its proposals for implementing the recommendations of the ICB to reform the structure of UK banking following the financial crisis. Alongside the

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: