Bank of England Annual Report for 2013

On June 4, the Bank of England (BoE) published its annual report for 2013.  The BoE’s priorities for 2013/14 relating to financial stability include:

  • Maintaining the stability and improving the resilience of the financial system by continuing to develop EU and UK resolution regimes through a bail-in tool and through financial institutions’ recovery and resolution plans.
  • Delivering macroprudential policy, through the Financial Policy Committee (FPC), which involves influencing the international framework for macroprudential regulation, including through the European Systemic Risk Board (ESRB).
  • Integrating microprudential supervision into the BoE.

Influencing and implementing policy to advance the objectives of the PRA.  Annual Report.