The privately owned Central Bank, The Bank of England, administered by the House of Rothschild, has demanded the biggest lenders must show they have resources to continue providing vital financial services even if other parts of the bank or institution collapse.

The UK’s top banks have been ordered to raise another £27bn by 2020, on top of cuts implemented since the 2008 collapse. It is being claimed by the corporate media that the demands are to prove to private regulators that the core of the financial system, such as bank payments, will still operate even if they collapse.

The new regulations come on top of existing rules on capital, rules with the sole aim to make sure the banks do not collapse at all. To then act contrary to the aims of the initial rules raises suspicion that either the central banking brains are not fit for purpose, or insider dealing by the central banks from which they intend to create a hidden private core network, for which they are both beneficiaries and executors, for what is basically banks made up of the populations assets.

If the banks are indeed to fail in the future, which in this move suggests that is exactly the plan, then the assets become the property of the central banks. Those assets will then be positioned liable for the charges the central banks will demand to allow the new core to function. This moves Britain closer to the United Nations aim to full and complete ownership of all global assets.

Presented by the media as an idea is to make sure that governments are never again forced to bail out an entire bank just to ensure that the vital part serving retail customers and the payments system continues operating.

The UK has around 400 banks which along with other financial institutions do not need to hold this extra raft of capital legislation, they are simply just not too big to fail, or, are crucial to the wider banking web, the remainder, if they failed, would be placed into insolvency with the savers being covered for rescue by the Financial Services Compensation Scheme.

The raft of new rules are named ‘minimum requirement for own funds and eligible liabilities’, or MREL, and and will mostly affect the bigger institutions, including Lloyds, Barclays, Royal Bank of Scotland and HSBC.

If these enormous banks collapsed, most of their operations would be wound down, but the extra MREL buffers would be used to ensure depositors could still be serviced, and the payments system would still work.

The Bank of England governor Mark Carney, earning £800.000 annually with a further £250.000 a year housing allowance, holding an eight year term, is unelected and is not a British citizen, said of the new rules :

The implementation of MREL is a crucial step forward in ensuring that any bank, large or small, carries sufficient resources to be resolved in an orderly way, without recourse to public subsidy and without disruption to the wider financial system.”

All banks with a balance sheet of more than £25bn will have to apply the extra rules, and the institutions with a balance sheet greater than £15bn will be considered for the scheme depending on their importance to the rest of the financial system.

Each time banks enter into new schemes laid out by the central banking cabal, the institutions hand over more and more power to the central banks over the asset base of the population, both as beneficiaries and executors.

They are further asset stripping Great Britain by ensuring the pension funds invest in such frauds as the fracking schemes and other fraudulent speculative pyramid schemes, be careful where you put your money and consider shifting your pension.

Further Study
In Profile : The International Banking Cartel, Committee of 300 and the Star Group
The City and Re-hypothecation, David Cameron and Veto
In Profile : Emergency Banking Act, March 9, 1933
In Profile : G-SIFI total corporate dictatorship directed by the Bank of England
Finance