Sector Regulation Sector Regulation

UK bank capital regulation needs simple redesign to make it usable, BOE’s Woods says

UK banks could see a simpler approach to capital requirements to boost lending during an economic crisis as part of a radical regulatory overhaul to prudential policy, according to the Bank of England.

Sam Woods, deputy governor at the central bank, said at a conference today that financial institutions should get a two-tiered,

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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, 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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