On 26 June 2014, the PRA published an updated Supervisory Statement on capital and leverage ratios for the eight major UK banks and building societies (Barclays, Co-operative Bank, HSBC, Lloyds Banking Group, Nationwide, Royal Bank of Scotland, Santander UK and Standard Chartered) to meet from 1 July 2014.   Those firms will be expected to meet (i) a 7% common equity tier 1 capital ratio on the definition of capital set out in the CRR and the PRA Rulebook; and (ii) a 3% end-point Tier 1 leverage ratio.

The Supervisory Statement is available at: http://www.bankofengland.co.uk/pra/Documents/publications/ss/2013/ss313.pdf.