Bank of England puts forward measures to bolster growth for mid-sized banks and building societies

Today (15 July), the Prudential Regulation Authority (PRA) introduced plans to make it easier for mid-sized banks to compete in the mortgage market.
As part of the process, the regulator will issue a discussion paper in mid-summer “with options to help mid-sized banks to grow by adjusting some barriers to gaining permissions to build Internal Ratings Based Models for residential mortgages”.
FCA reforms rules around mini-bonds offering to retail investors
This comes after today, the PRA published a consultation on changes to its Basel 3.1 market risk rules.
The resulting proposal…