
An ambitious agenda - what the PRA’s business plan means for banks - S3E9
Risk & Regulation Rundown
00:00
The UK's New Secondary Objective Around Growth and International Competitiveness Will Take Precedent
The UK regulators will get those new secondary objectives around growth and international competitiveness. How is that likely to shape the PRAs plans and maybe it's longer-term approach you think? I think the Basel 3.1 proposals will be a really interesting test case for this. The PRA preference will be to stick to what was agreed in Basel typically they're prettypretty in favour of robust prudential standards.
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