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ARTICLE · 10 APRIL 2014

FPC Confirms Terms Of Reference For Review Of Leverage Ratio

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On 27 March 2014, the Financial Policy Committee of the Bank of England announced the terms of reference of its review of the leverage ratio.

United KingdomFinance and Banking
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On 27 March 2014, the Financial Policy Committee ("FPC") of the Bank of England announced the terms of reference of its review of the leverage ratio. The review was requested by the Chancellor in November 2013. The FPC review will consider what leverage standard is required to ensure that the UK banking system is resilient, in particular, the merits of varying the leverage ratio in proportion to risk-weighted standards. The FPC intends to publish the review in November 2014, together with any necessary recommendation.

The press release is available at: http://www.bankofengland.co.uk/publications/Pages/news/2014/062.aspx.

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