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Record of Financial Policy Committee Meeting held on 20 November 2013
Our Financial Policy Committee (FPC) meets quarterly and sets policy to meet our financial stability objective.
Published on
03 December 2013
At its meeting on 20 November 2013, the Financial Policy Committee agreed the following recommendation:
1. The Financial Conduct Authority (FCA) should require mortgage lenders to have regard to any future FPC recommendation on appropriate interest rate stress tests to use in the assessment of affordability.
Financial Policy Committee record