Analysis, Capital

Top five takeaways for banks on new UK Basel ‘Endgame’ rules

By John Crowley
Image: Getty Images

The underwhelmingly-titled Policy Statement PS17/23, quietly released on December 12 by the Prudential Regulation Authority, sets out the UK’s “near-final” approach to rolling out the Basel III ‘Endgame’ reforms. 

It directs banks on the amount of Tier 1 risk-weighted assets they need to hold, as laid out by ...

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