The Bank of England (BoE) will work with The Pensions Regulator (TPR) and the Financial Conduct Authority (FCA) to “develop system-wide and sector-specific insights” with a report based on the findings due to be published in 2024.
The BoE has launched its first system-wide exploratory scenario (SWES) exercise today (19 June) which aims to understand how stressed market conditions affect the behaviour of banks and non-bank fi...
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