Financial Services Financial Services

Financial stability gaps exist in fund supervision, BOE’s Cunliffe says

UK banks are resilient to “quite considerable stress,” but the same cannot be said of the non-bank financial market, such as asset managers and hedge funds, Bank of England deputy governor Jon Cunliffe told lawmakers today.

Speaking to Parliament’s Treasury Committee about the BOE’s market intervention following turmoil in government bon

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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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