Financial Services Financial Services

Comment: Basel standard-setters may burst Bank of England's dream of simpler capital system

The Bank of England wants to get creative.
Almost 15 years after the financial crisis, international standard-setters want nothing less than to reopen their rulebooks. One speech may change that.

By putting forward an alternative framework for bank capital, the central bank's Deputy Governor Sam Woods has financial institutions sitting

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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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