A number of recommendations were addressed to the Bank (including the Financial Policy Committee (FPC) and the Prudential Regulation Authority (PRA)) and this document sets out our initial response. It also meets a request from the Government to provide an outline of how the Bank would implement the proposed new framework for individuals. Initial FPC views were noted in the Record of its September meeting and the Bank will ensure it has the opportunity to consider work planned.
Published on
07 October 2013
Press release