Bank of England announces plan to relax bank capital requirements
The Bank of England’s Financial Policy Committee proposed relaxing UK banks’ leverage-ratio and capital-buffer rules to better align with international standards. It would remove the Countercyclical Leverage Buffer from the leverage ratio and make more buffers releasable, estimating a ~0.2 percentage-point reduction in leverage requirements for large banks. The BoE said the changes could affect market leverage; it cited banks including Lloyds, NatWest and Santander UK.
