BoE cancels stress tests, postpones survey into open-ended funds

On the 03.20.20 at 2:32PM


Tuba Raqshan

The Bank of England (BoE) cancelled its annual stress test while postponing its joint survey with the Financial Conduct Authority (FCA) into open-ended funds.
Bank of England (European Commission)

The central bank cancelled the 2020 stress test for eight major UK banks and building societies, allowing lenders to focus on meeting the needs of the UK households and businesses by continuing credit provision.

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