Strong And Simple – Completing The Picture - Speech By David Bailey, Bank Of England, Executive Director, Prudential Policy, Given At The Building Societies Association
In his speech at the Building Societies Association (BSA). David Bailey talks about the PRA’s consultation paper (CP) on the capital-related aspects of the Strong and Simple prudential framework for small banks and building societies. The speech outlines the benefits of the Strong and Simple package, which includes targeted and proportionate changes to simplify the capital regime. He explains why this will be good for competition, competitiveness and growth.
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