KM Financial Solutions | UPDATE 3-Bank of England hits back at EU over banks’ Brexit readiness
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UPDATE 3-Bank of England hits back at EU over banks’ Brexit readiness

UPDATE 3-Bank of England hits back at EU over banks’ Brexit readiness

* BoE says UK banks prepared for no-deal Brexit
* Carney calls EU regulator’s Brexit assessment “incomplete”
* No change for UK banks’ counter-cyclical capital buffers
* Industry lobby CityUK says onus on EU regulators to act

(Adds EBA comment)
By Andy Bruce and Huw Jones
LONDON, June 27 (Reuters) – The Bank of England hit back at
European Union criticism on Wednesday, saying British banks were
fully prepared for any disorderly Brexit and that it was the EU
itself which

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