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- Bank of England FPC: overall level of risk to UK financial stability "broadly unchanged" since november meeting”
Bank of England FPC: overall level of risk to UK financial stability "broadly unchanged" since november meeting”
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Wants to avoid spillover from any sudden adjustment to banks' business models
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Will oversee banks' contingency plans to handle "range of possible outcomes" from Brexit talks
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2017 stress tests to have two scenarios, one short-term and one long-term
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Remains committed to robust regulatory standards
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BoE to launch review into credit quality of new consumer lending
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Will review 13.5 pct tier capital ratio goal once basel iii standards completed
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2017 explanatory scenario focuses on pressures to bank profits
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2017 short-term 'cyclical' scenario similar to 2016, factors in risk of sharper china down turn
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