TPR working with BoE to 'monitor' schemes' use of non-bank leveraged loans and derivatives

James Phillips
clock • 2 min read

The Pensions Regulator (TPR) is working to "enhance" the Bank of England's monitoring of how schemes use non-bank leveraged loans amid warnings they may not be able to absorb losses in a stress scenario.

The watchdog, working alongside the Bank of England's Financial Policy Committee and the Prudential Regulation Authority (PRA), is keeping an eye on potential liquidity demands and losses generated...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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