Industry response

Pillar 2A: Reconciling capital requirements and macroprudential buffers

BSA response to PRA CP 2/20

We challenged the unfair advantage conferred by the PRA's offsetting  proposals on banks, compared with both large societies that are leverage-constrained, and smaller societies with little or no variable Pillar 2A to offset. Read the full response here.


Jeremy Palmer

Head of Financial Policy

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