Bank of England announces supervisory and prudential policy measures to address the challenges of Covid-19

We have received the below from The Bank of England:

The Bank of England and Prudential Regulation Authority are today announcing a number of measures aimed at alleviating operational burdens on PRA-regulated firms and Bank-regulated financial market infrastructures in the wake of the Covid-19 outbreak. These measures will provide flexibility to help firms and FMIs maintain their safety and soundness and deliver the critical functions they provide to the economy.

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