Latest BOE FPC MInutes now published 6 Dec
– Maintained the UK countercyclical capital buffer (CCyB) rate at 0%, and reaffirmed that it
expected to maintain a UK CCyB rate at 0% until at least June 2017, absent any material
change in the outlook. It continued to support the clear supervisory expectation of the Board
of the Prudential Regulation Authority (PRA) that firms should not increase dividends and
other distributions as a result of the UK CCyB rate being maintained at 0%
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