May 22, 2020 / 6:17 AM / 14 days ago

Bank of England updates its guidance on regulatory capital and IFRS 9

FILE PHOTO: A cyclist is seen near the Bank of England as the spread of the coronavirus disease (COVID-19) continues, London, Britain, April 14, 2020. REUTERS/John Sibley

LONDON (Reuters) - The Bank of England on Friday updated its guidance on the application of regulatory capital and IFRS 9 requirements to payment holidays granted or extended to address the challenges of covid-19.

Reporting by Guy Faulconbridge; Editing by William Schomberg

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