Newsletter April 09: UK backs economic cycle reserve for banks

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Subjects / Resolution and Recovery

Simon Turmaine | April 21, 2009

LONDON – Britain’s chief financial services watchdog backs the creation of a so-called economic cycle reserve as a means of enabling banks to set aside profit in good years to anticipate losses likely to arise in future without transgressing against accounting customs.

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Return of geopolitics
Headaches for global banks

EMIR REFIT
Potential to trigger unintended consequences

Newsletter April 09: UK backs economic cycle reserve for banks

Global Risk Regulator’s articles are exclusively

available to full subscribers

Subscribe today to ensure you stay informed about the latest global regulations and standards.

Return of geopolitics Headaches for global banks

EMIR REFIT Potential to trigger unintended consequences

Newsletter April 09: UK backs economic cycle reserve for banks

Global Risk Regulator’s articles are exclusively

available to full subscribers

Subscribe today to ensure you stay informed about the latest global regulations and standards.

Sign in

Return of geopolitics
Headaches for global banks

EMIR REFIT
Potential to trigger unintended consequences