BOE reveals tough stance on CRD IV rules for holdings in banks and insurers

This week the BOE published a consultation paper on changes to its rules regarding EU’s CRD IV. In it the BOE fills in any blanks left by the CRD IV. Clearly noticeable is BOE's stance on a bank's holdings in other banks and insurers. It's tough!

Where some continental supervisors support the arcane bank-assurance model, BOE is upfront in its chapter on …