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Adjustments to PRA's capital regime for UK banks and building societies
The Prudential Regulation Authority has today announced that it will extend the capital offset for corporate lending which accompanies the Funding for Lending scheme. It will not extend the capital offset for household lending, which will end on 31 December 2013.
Published on
28 November 2013
In June 2012, HM Treasury and the Bank of England announced a series of measures aimed at supporting additional lending to the real economy, including the FLS.