Macroprudential policy at the Bank of England
A vital element of recent reforms to the UK architecture of financial regulation is the creation of a macroprudential authority at the Bank of England — the Financial Policy Committee (FPC). This article explains the role and powers of the FPC in relation to risks that threaten the resilience of the UK financial system as a whole. It also describes some of the processes supporting the new committee.
Year of publication: |
2013
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Authors: | Tucker, Paul ; Hall, Simon ; Pattani, Aashish |
Published in: |
Bank of England Quarterly Bulletin. - Bank of England. - Vol. 53.2013, 3, p. 192-200
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Publisher: |
Bank of England |
Saved in:
freely available
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