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808892
star this property registered interest false more like this
star this property date less than 2017-12-18more like thismore than 2017-12-18
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury more like this
star this property hansard heading Banks: Capital Investment remove filter
unstar this property house id 1 more like this
star this property legislature
25259
unstar this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, if he will conduct an inquiry into the effect on the viability of small to medium sized business of banks’ efforts to improve their own capital ratios. more like this
star this property tabling member constituency Linlithgow and East Falkirk remove filter
star this property tabling member printed
Martyn Day more like this
star this property uin 120001 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2017-12-21more like thismore than 2017-12-21
star this property answer text <p>The Government established an independent Financial Policy Committee (FPC) to identify, monitor and take action to remove or reduce systemic risks with a view to protecting and enhancing the resilience of the UK financial system. In March 2017 the FPC judged the appropriate Tier 1 capital requirement for the UK banking system, in aggregate and net of any countercyclical capital buffer, to be 13.5% of risk-weighted assets, as currently measured. The FPC’s judgement of the appropriate level of capital for the banking system was calibrated such that banks could absorb the cumulative losses in historical stress episodes and continue to provide essential services to the real economy.</p><p> </p><p>The Government is supporting lending to SMEs in a variety of ways, including: establishing the British Business Bank to make finance markets work better for small businesses; supporting challenger banks; introducing a bespoke regime for peer-to-peer lending; and structural interventions such as the bank referral scheme and the SME credit data sharing scheme.</p><p> </p>
star this property answering member constituency North East Cambridgeshire more like this
star this property answering member printed Stephen Barclay more like this
star this property question first answered
less than 2017-12-21T11:05:51.41Zmore like thismore than 2017-12-21T11:05:51.41Z
star this property answering member
4095
star this property label Biography information for Steve Barclay more like this
star this property tabling member
4488
star this property label Biography information for Martyn Day more like this