BoE’s Breeden calls for international debate on bank capital buffers
LONDON (Reuters) -Bank of England Deputy Governor Sarah Breeden said on Wednesday that international finance regulators should have a debate over the best usage of banks’ capital buffers based on the experience of the COVID-19 pandemic.
"And I think trying to start a debate about the appropriateness of the various buffers we have internationally would be a really good thing to come out of this review," she added, referring to a BoE review of capital requirements due to be published in December.
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