Announcement of changes to buffer ratesU.K.
This section has no associated Explanatory Memorandum
18.—(1) Where the FPC recognises or sets a buffer rate under [regulation 15], the Bank must publish the FPC's decision on its website.
(2) The Bank must also publish the following information when a decision is published under paragraph (1)—
(a)the buffer rate;
(b)where the FPC has set the buffer rate under regulation 15(2) or 15(4), the justification for the buffer rate;
(c)the ...country to which that buffer rate applies;
(d)the date from which the buffer rate applies; and
(e)any exceptional circumstances justifying a date of application of less than twelve months after the date of publication.