Financial Regulatory Forum

UK banks should draw up living wills-FSA

   LONDON, Oct 22 (Reuters) – Britain’s financial watchdog said on Thursday banks should start drawing up living wills so they can be wound up quickly in times of trouble without destabilising the broader financial system. (more…)

U.K. watchdog agrees to analyse impact of new bank rules

LONDON, Sept 30 (Reuters) – Britain’s financial regulator said on Wednesday it will sketch out how to determine if a bank poses risks to the broader system , and may require higher capital charges to contain risks.