BoE Softens Capital Regime For Banksfxcue.com

(fxcue news) - The Bank of England said the capital threshold for major UK banks will be virtually unchanged, and delayed the implementation date for the new Basel standards by another six months as regulators bowed down to heavy lobbying. The Prudential Regulation Authority estimated that the tier 1 capital requirements for major banks will increase by less than 1 percent from January 2030. This was a reduction from a 3 percent increase estimated previously. The BoE backed the proposal to descope the Small Domestic Deposit Takers from the countercyclical capital buffer and capital conservation buffer. The bank said the new Single Capital Buffer will simplify the capital regime for SDDT firms, while maintaining the level of resilience by keeping capital requirements and buffers. Further, the PRA decided to move the implementation data for the Basel 3.1 standards by further six months to January 1, 2026. PRA Deputy Governor Sam Woods said "These rules will improve the way in which we regulate the banks in order to maintain safety and soundness and wider financial stability." Woods added that it will support growth and competitiveness, while ensuring that the UK aligns with international standards. Ahead of a joint meeting with the Bank of England Governor Andrew Bailey and CEO's of the UK's largest banks and building societies, Chancellor of the Exchequer Rachel Reeves said today's proposals by the PRA mark the end of a long road after the 2008 financial crisis. Reeves said, "These reforms will strengthen the resilience of our banking system and deliver the certainty banks need to finance investment and growth in the UK."

BoE Softens Capital Regime For Banks

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BoE Softens Capital Regime For Banks

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12/27 Gold Day Short term Strategy Reference:1. First fall back, first see around 2623. Short buy again, lose 2615, target at 2643-2655-2673! 2. Rush high for the first time. Short sell at any time around 2655-58, with a loss of 2660. Target at 2643-2633-2623!

Buy long for spot gold at 2628 or 24, and sell short when it first rises close to 2644 or 2654. Last night, buy long around 2621 and sell short around 2639. Crude oil prices have increased from over 70 to 70.7, but short selling around 71 has not been achieved.

Buy near gold 2622, protect 2612, target 2634-2642;

Today's spot gold is in the short-term range of 2640-2620; Low absorption and high selling within the range; If it stabilizes at 2640-2645, it is necessary to buy long in the short term with a bullish trend; 2640-2645 is the position of the strong weak boundary point;

Today's spot gold operation is considering a pullback layout, with buying long orders as the main strategy and short selling high as a supplement. The upper focus is on the resistance of $2640-2657, and the lower focus is on the support of $2622-2613.

Last Friday's long gold trading took profit, and today's two short selling transactions also took profit, perfect

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BoE Softens Capital Regime For Banks

Yen Rises Against Majors

Canadian Dollar Falls Against U.S. Dollar

Sensex

European Stocks Close Higher On Fed Rate Cut Hopes

Canadian Market Modestly Higher

ECB Cuts Interest Rates On Weaker Eurozone Growth Outlook

BoE Softens Capital Regime For Banks

U.S. Dollar Extends Decline Against Majors

Please sign in

Trader

12/27 Gold Day Short term Strategy Reference:1. First fall back, first see around 2623. Short buy again, lose 2615, target at 2643-2655-2673! 2. Rush high for the first time. Short sell at any time around 2655-58, with a loss of 2660. Target at 2643-2633-2623!

Buy long for spot gold at 2628 or 24, and sell short when it first rises close to 2644 or 2654. Last night, buy long around 2621 and sell short around 2639. Crude oil prices have increased from over 70 to 70.7, but short selling around 71 has not been achieved.

Buy near gold 2622, protect 2612, target 2634-2642;

Today's spot gold is in the short-term range of 2640-2620; Low absorption and high selling within the range; If it stabilizes at 2640-2645, it is necessary to buy long in the short term with a bullish trend; 2640-2645 is the position of the strong weak boundary point;

Today's spot gold operation is considering a pullback layout, with buying long orders as the main strategy and short selling high as a supplement. The upper focus is on the resistance of $2640-2657, and the lower focus is on the support of $2622-2613.

Last Friday's long gold trading took profit, and today's two short selling transactions also took profit, perfect

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