皇冠体育app

皇冠体育app FPC acts as the UK鈥檚 macroprudential authority. It is tasked with ensuring that emerging risks and vulnerabilities across the financial system are identified, monitored and effectively addressed.

皇冠体育app Bank of England Act 1998 requires the government to provide the FPC with a written remit and recommendations at least once a year.

皇冠体育app remit specifies the government鈥檚 economic policy and provides guidance to the FPC on its objectives and functions.

皇冠体育app FPC is required to respond to the government, setting out any action it has taken or intends to take in response to a specific recommendation and, if appropriate, any reasons why it does not intend to act on a recommendation.