PRA buffer: Difference between revisions
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imported>Doug Williamson (Create the page. Sources: HSBC AR 2015; KPMG http://kpmg.co.uk/creategraphics/2015/01_2015/CRT033541/CRT033541_print.html) |
imported>Doug Williamson (Expand. Source Bank of England http://www.bankofengland.co.uk/publications/Pages/news/2015/061.aspx) |
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Any PRA buffer which the regulator may set is additional to Individual Capital Guidance (ICG). | Any PRA buffer which the regulator may set is additional to Individual Capital Guidance (ICG). | ||
The PRA buffer is sometimes known as the 'Pillar 2B' buffer. | |||
The PRA buffer replaced the former 'capital planning buffer'. | The PRA buffer replaced the former 'capital planning buffer'. | ||
Revision as of 15:06, 29 October 2016
Capital adequacy - UK.
The PRA buffer is an amount of capital which UK-regulated banks are required to hold, determined following stress testing.
The amount is determined by the UK regulator, the Prudential Regulation Authority (PRA), following consultation with the regulated bank.
Any PRA buffer which the regulator may set is additional to Individual Capital Guidance (ICG).
The PRA buffer is sometimes known as the 'Pillar 2B' buffer.
The PRA buffer replaced the former 'capital planning buffer'.
