Below are some key takeaways from the Bank of England’s Financial Stability Report that includes the stress test results. All seven banks, building society have passed their 2018 stress test. Contingent capital used at Lloyds, Barclays to pass under full implementation of new IFRS 9 accounting rule. No bank needs to strengthen capital position as a result of the stress test. Test shows sector can withstand a no-deal, no transition Brexit and continue lending. Banks have trillion pounds in liquidity to withstand three-months’ freeze in funding markets. Banks could withstand many months of no access to foreign currency market. Counter-cyclical capital buffer unchanged at 1 percent. Ready to cut counter-cyclical capital buffer “If economic stress were to materialise”. EU should spell out its conditions for cross-border clearing of derivatives under a no-deal Brexit. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CHF Technical Analysis: Make-or-break near parity level ahead of Fed’s Powell FX Street 4 years Below are some key takeaways from the Bank of England's Financial Stability Report that includes the stress test results. All seven banks, building society have passed their 2018 stress test. Contingent capital used at Lloyds, Barclays to pass under full implementation of new IFRS 9 accounting rule. No bank needs to strengthen capital position as a result of the stress test. Test shows sector can withstand a no-deal, no transition Brexit and continue lending. Banks have trillion pounds in liquidity to withstand three-months' freeze in funding markets. Banks could withstand many months of no access to foreign currency market. Counter-cyclical… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.