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PRA announces delay to stricter capital requirement rules for British banks until January 2027

Bank of England in London, UK.
This is the second time the BoE has announced a delay to Basel 3.1. Photo: Dan Kitwood/Getty Images

Hameed Shuja

2 min read
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The BoE says it wants to see what happens to the regulation in the US, with uncertainty over President Donald Trump’s deregulation agenda.

The Bank of England (BoE) has once again announced a delay to the implementation of a stricter capital requirements regime (Basel 3.1) for banks in the United Kingdom. The new deadline now is January 1, 2027.

The BoE’s Prudential Regulation Authority (PRA) said in a statement last week that the one year delay

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