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United Kingdom · Question · Written question

UIN 34604

Bank of England: Finance

answeredUnited Kingdom· UK Parliament· EN

Introduced

28 February 2025

Last action

6 March 2025 · Answer

Status

Answered

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Discovery layer

Source updated

6 March 2025

Summary

To ask the Chancellor of the Exchequer, what discussions she has had with the Bank of England on increasing the proposed eligibility threshold in its consultation on minimum requirement for own funds and eligible liabilities (MREL) to £50bn.

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Timeline

  1. 28 February 2025

    Written question

    To ask the Chancellor of the Exchequer, what discussions she has had with the Bank of England on increasing the proposed eligibility threshold in its consultation on minimum requirement for own funds and eligible liabilities (MREL) to £50bn.

    Source: Commons

  2. 6 March 2025

    Answer

    The Government is continuing to engage closely with the Bank of England on its recent consultation on its approach to setting a minimum requirement for own funds and eligible liabilities (MREL), which closed on 24 January. The Bank of England sets MREL po...

    Source: Written answer

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