BOE FPC: banking system could continue to support economy through disorderly Brexit

Here are some of the key highlights from the Bank of England's Financial Policy Committee (FPC) statement, released this Friday.

   •  Banking system could continue to support economy through disorderly Brexit
   •  Counter cyclical capital buffer unchanged at 1% 
   •  Brexit risks do not warrant additional capital buffers for banks
   •  UK banks facing tougher hurdles in 2018 stress test
   •  Domestic risk appetite has risen since November 
   •  Doesn’t see Cryptocurrencies as a threat to financial stability
   •  UK current account increasingly funded by capital inflows, this increases reliance on confidence of foreign investor