This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager.
Dismiss

BOE to lend directly to pension funds, insurers in liquidity stress to counter stability risks

By Phoebe Seers ( September 28, 2023, 13:33 GMT | Insight) -- The Bank of England will start work on designing a tool that would enable it to lend directly to pension funds and insurance companies in times of "exceptional" liquidity stress, its executive director for markets said today. In the wake of the March 2020 "dash for cash" and the 2022 liability-driven investment crisis, it became clear that the financial stability implications emanating from the non-bank sector were too large to ignore, Andrew Hauser said.The Bank of England has said it will start work on designing a tool that would enable it to lend directly to pension funds and insurance companies in times of "exceptional" liquidity stress....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login