Lobbyist complains about UK bank wind-down rules

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Lobbyist complains about UK bank wind-down rules

Jasper Cox
January 06, 2020 11:45 AM
BankofEngland_PA_230x150_6Jan2020
File photo dated 20/9/2019 of the Bank of England, in the City of London. The Bank of England is expected to keep interest rates unchanged on Thursday in its first meeting since Boris Johnson's election victory, despite growth flat-lining in Britain's Brexit-battered economy. | Yui Mok/PA Wire/PA Images

UK Finance has said that the array of different regulatory requirements for firms is increasing operational risks, with the approach to solvent wind-downs one example of regulators contradicting each other.

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