Financial Services Financial Services

UK’s bank capital proposals should avoid ‘super-equivalent' international application, lobby group says

The UK prudential regulator should include more national deviations in its proposals implementing an international agreement on bank capital, an industry group has said.
UK Finance is the latest to call for the Prudential Regulation Authority to amend its proposals, dubbed “Basel 3.1,” arguing that an overly faithful implementation of

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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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