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Investing.com -- Bank of England Deputy Governor Sarah Breeden called for international finance regulators to discuss the optimal use of banks’ capital buffers, drawing on lessons from the COVID-19 pandemic.
Speaking at a press conference on Wednesday following the release of the Bank of England’s semi-annual Financial Stability Report, Breeden highlighted key insights gained during the pandemic period.
"One of the things that we learned through that was that some of our buffers are more usable than others," Breeden said.
She emphasized the importance of evaluating the current buffer system at the international level, stating: "I think trying to start a debate about the appropriateness of the various buffers we have internationally would be a really good thing to come out of this review."
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