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Strong and simple: a new capital regime for small UK banks and building societies
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The UK has almost finalised its new so-called “strong and simple” capital regime for small UK banks and building societies (small domestic deposit takers (SDDTs)). The premise is to provide a regime that is more proportionate for their size and scale of operations, whilst maintaining resilience. In this In Practice article the author sets out the core elements of the near-final SDDT capital regime.
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