UK:
Bank Of England Announces Timings For Results Of UK Stress Test For Eight Major Banks
22 October 2014
Shearman & Sterling LLP
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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 Report on December
16, 2014.
The announcement is available at: http://www.bankofengland.co.uk/publications/Pages/news/2014/126.aspx.
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