Macro-prudential regulation

Martin Day, Dechert (+44 20 7184 7565; martin.day@dechert.com).

Introduction

In this briefing, the nature of macro-prudential regulation in the financial service industry following the UK Coalition Government’s proposal to establish a new prudential regulatory authority in the UK in future based at the Bank of England is examined. Macro-prudential supervision has also become a topic of importance in the rest of the European Union, and internationally, at the G20.