Sector Regulation Sector Regulation

Banks’ hesitancy to use buffers during Covid shouldn’t be ignored, BOE’s Saporta says

By Fiona Maxwell
  • 21 Jul 2021 06:31
  • 21 Jul 2021 06:31
Banking regulators should not ignore evidence found during the Covid-19 crisis that lenders are hesitant to dip into their capital buffers, the Bank of England’s prudential lead said today.

Vicky Saporta reiterated calls for international standard-setters to look again at restrictions placed on banks when they use their capital cushions in

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