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UK banks could be 'at disadvantage' by excluding software assets from capital, regulator says

By Fiona Maxwell ( February 12, 2021, 17:05 GMT | Insight) -- A bar on British banks including software assets as capital in the UK's version of international prudential rules will make lenders more safe and sound, the Bank of England's prudential regulator has said, but it has acknowledged that this could place them at a competitive disadvantage as the EU has taken a laxer approach.A bar on British banks including software assets as capital in the UK's version of international prudential rules could tilt the playing field against them with Brussels opting for a laxer approach. ...

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