Sector Regulation Sector Regulation

UK banks could be 'at disadvantage' by excluding software assets from capital, regulator says

By Fiona Maxwell
  • 12 Feb 2021 11:35
  • 23 Feb 2021 07:56
A bar on British banks including software assets as capital in the UK's version of international prudential rules could tilt the playing field against them with Brussels opting for a laxer approach. 

The UK’s prudential supervisor has acknowledged that banks and investment firms captured by its capital requirements regulation could be “at a competitive disadvantage

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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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