Financial Policy Committee

Resilience framework working broadly as expected but recapitalisation issues remain

BoE’s Sarah Breeden sets out the steps being taken to build resilience within LDI funds

Detailed TPR regulations and stress testing update will be needed

MPC referenced ‘large and volatile moves in global financial markets’

House of Lords committee also says pension accounting standards need review

Bank says there is a clear need for ‘urgent and robust measures’ to fill supervisory gaps