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Britain's banking watchdog stops short of daily liquidity monitoring amid Trump tariff turmoil

ReutersApr 29, 2025 9:21 AM

- Britain's banking stability watchdog has not yet seen reason to require the banking sector to report daily liquidity levels despite the market chaos unleashed by U.S. President Donald Trump's tariffs, Prudential Regulation Authority CEO Sam Woods told a hearing of lawmakers on Tuesday.

"What we've done is step up monitoring of the firms, which we always do in these situations. We've not though taken it to the highest level," Woods said, pointing to recovery in share prices, a lack of tension in funding markets and broadly unchanged customer behaviours.

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