On July 28, 2023, the Bank of England (BoE) released a consultation paper CP16/23 titled „Updating UK Technical Standards on the Identification of Global Systemically Important Institutions (G-SIIs).“ This paper outlines proposed changes by the Prudential Regulation Authority (PRA) to the UK’s methodology for identifying and establishing a capital buffer for Global Systemically Important Institutions (G-SIIs). These proposed updates aim to align the UK’
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