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Record of Financial Policy Committee Meeting held on 23 March 2016
Our Financial Policy Committee (FPC) meets quarterly and sets policy to meet our financial stability objective.
Published on
05 April 2016
At its meeting on 23 March, the Financial Policy Committee made no new Recommendations and considered that its Recommendation (15/Q2/2) on the use of Additional Tier 1 capital to meet minimum leverage ratio requirements had been implemented.
The FPC increased the countercyclical capital buffer rate for UK exposures from 0% to 0.5%.