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Capital Requirements HM Treasury Bank of England

A&O Shearman

UK's BoE Financial Market Infrastructure Committee responds to HMT recommendations

A&O Shearman on

The Bank of England (BoE) has published a letter dated 15 July, responding to the Chancellor of the Exchequer's letter that set out the government's recommendations to the BoE's Financial Market Infrastructure Committee...more

Latham & Watkins LLP

UK Proposes Insurer Resolution Regime

Latham & Watkins LLP on

The proposals would give the Bank of England wide-ranging powers to deal with acute failure scenarios, treating policyholder liabilities as loss-absorbing. HM Treasury (HMT) is proposing1 a new UK resolution regime for...more

Orrick, Herrington & Sutcliffe LLP

COVID-19 – Financing Related Considerations

We are sadly amid one of the most extraordinary times any of us can remember. The prevailing hope and expectation is that the current extraordinary times and related disruption is temporary. The rise in “cov-lite” and...more

A&O Shearman

UK Financial Policy Committee Highlights Risks of Open-Ended Funds and Global Stablecoins

A&O Shearman on

The Financial Policy Committee of the Bank of England has published its latest financial stability report. The report sets out the FPC's view of the resilience of the U.K. financial system and the main risks to the U.K.'s...more

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