Prudential Regulation Authority statement on bank capital

The Prudential Regulation Authority is taking forward with the major UK banks the adjustments to capital positions identified by the Financial Policy Committee relating to expected future losses, conduct costs and prudent risk-weighting.
Published on 22 May 2013

The PRA has set out the capital requirements for Lloyds Banking Group and Royal Bank of Scotland. The two banks have advanced their plans to a position where disclosure is appropriate. Once discussions have concluded with all banks, more information will be provided along with confirmation that, where necessary, banks will take appropriate steps to ensure that they meet the FPC’s recommendation on capital.

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