Coronavirus (COVID-19) Financial Services Resources

Financial regulators in the UK and EU have reminded firms of the importance of contingency planning. Regulated firms should consider their operational resilience and ensure that they continue to be able to serve their customers.

Measures taken by the BoE and PRA

Bank of England measures to respond to the economic shock from Covid-19

Statement by the PRA accompanying measures announced by the Financial Policy Committee

https://www.bankofengland.co.uk/coronavirus

9 April 2020: Coronavirus (COVID-19)–PRA maintains systemic risk buffers and issues CRR II modification by consent

The Prudential Regulation Authority (PRA) has decided to maintain firms’ systemic risk buffer (SRB) rates at the rates set in December 2019, in response to the economic shock caused by the coronavirus (COVID-19) pandemic.