Source · Select Committees · Treasury Committee
Recommendation 3
3
Ensure Basel 3.1 implementation does not increase SME lending capital requirements or harm competitiveness
Conclusion
The PRA must ensure that the final implementation of the Basel 3.1 standards leaves capital requirements on SME lending no more stringent than they are under the current system and that international competitiveness with the EU and the US is not harmed. (Paragraph 26) Dispute resolution
Government Response
A response document is linked to this report, dated 12 December 2024. Response attribution to this conclusion has not been verified. Read the response document ↗