Tucker, Paul; Hall, Simon; Pattani, Aashish - In: Bank of England Quarterly Bulletin 53 (2013) 3, pp. 192-200
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...