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Basel Accords

  • Regulator set to postpone UK bank capital reforms until at least January 2026

    Banking

    The UK’s main banking regulator is reportedly planning to delay the latest series of bank capital reforms as it monitors how the rules are developing in the US. The Bank of England’s Prudential Regulation Authority (PRA) is set to delay its entire Basel 3.1 package until at least January 2026, with an official announcement expected in the [...]

    The rules are expected to hit banks’ profitability while raising capital levels, stoking fears over a decline in the UK’s competitiveness.

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