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Bank of England starts push to simplify bank rules

Thu, 29th Apr 2021 14:34

LONDON, April 29 (Reuters) - Simpler rules for smaller banks
won't mean a compromise on safety, the Bank of England said on
Thursday as it launched a post-Brexit rethink of regulation.

"What we aim at is a simpler regime which delivers the same
level of resilience for small firms in a more efficient way,"
Victoria Saporta, the BoE's executive director for prudential
policy, said in a speech.
(Reporting by Huw Jones; Editing by Hugh Lawson)

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