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Macroprudential policy at the Bank of England

Paul Tucker (), Simon Hall () and Aashish Pattani ()
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Paul Tucker: Bank of England
Simon Hall: Bank of England
Aashish Pattani: Bank of England

Bank of England Quarterly Bulletin, 2013, vol. 53, issue 3, 192-200

Abstract: A vital element of recent reforms to the UK architecture of financial regulation is the creation of a macroprudential authority at the Bank of England — the Financial Policy Committee (FPC). This article explains the role and powers of the FPC in relation to risks that threaten the resilience of the UK financial system as a whole. It also describes some of the processes supporting the new committee.

Date: 2013
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Citations: View citations in EconPapers (23)

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Persistent link: https://EconPapers.repec.org/RePEc:boe:qbullt:0109

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