The final implementation of Basel III, published in December 2017 as an updated global framework for capital requirements, is fast approaching. Basel III introduced a number of changes to the credit, market and operational...more
The outlook for 2023 looks uncertain, following another tumultuous year. The collapse of a number of large cryptocurrency exchanges has shone another spotlight on the digital asset market. The financial system’s resilience...more
The EU has surged ahead of the UK and the US in implementing the Basel III standards. The EU Banking Package has been reviewed by the Council of the EU and is now expected to be negotiated with the European Parliament, ahead...more
Our note summarises the key elements of the Bank of England's response to the COVID-19 crisis for corporates: the Covid Corporate Financing Facility ("CCFF"). The CCFF offers rapid liquidity to businesses by purchasing...more
Our note summarises the key elements of the Bank of England's response to the COVID-19 crisis for corporates: the Covid Corporate Financing Facility ("CCFF"). The CCFF offers rapid liquidity to businesses by purchasing...more