Bank Of England Announces Timings For Results Of UK Stress Test For Eight Major Banks

Author:Shearman & Sterling LLP
Profession:Shearman & Sterling LLP

On October 10, 2014, the Bank of England announced that it was in the process of analyzing the information submitted by banks and credit unions for their stress tests. The Financial Policy Committee and Prudential Regulation Authority will be meeting on December 15, 2014 to make any final decisions on the results of the stress test and will provide details to the financial institutions involved on the same day. The UK stress test results will then be published together with the Financial Stability...

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