Bank of England tells regulators to move 急速な／放蕩な on LDI 改革（する） after 小型の-予算 危機
LONDON, March 29 (Reuters) - The Bank of England on Wednesday told regulators to move 急速な／放蕩な to toughen 支配するs for 基金s used by Britain's 年金 産業 which nearly 崩壊（する）d last year after former 総理大臣 Liz's Truss's "小型の-予算."
The BoE said Britain's banking system was not at 危険 from the 肉親，親類d of 騒動 that has beset some banks in the 部隊d 明言する／公表するs and Switzerland's Credit Suisse.
But the BoE's 財政上の 政策 委員会 called on 年金 regulators to 行為／法令／行動する "as soon as possible" to mitigate the 危険s 提起する／ポーズをとるd by 義務／負債-driven 投資 (LDI) 基金s.
The BoE was 軍隊d to 開始する，打ち上げる a new 一連の会議、交渉／完成する of 政府 社債 購入（する）s after the 告示 by Truss's 政府 of major unfunded 税金 削減（する）s last September 誘発する／引き起こすd a 殺到する in gilt 産する／生じるs and a spiral of collateral calls and その上の 社債 sales.
LDI 基金s should 始める，決める aside enough liquidity to 確実にする they can withstand a 殺到する in 政府 社債 産する／生じるs of at least 250 basis points on 最高の，を越す of other 保護s against market swings, the BoE said on Wednesday.
In practice, LDI 基金s, which are 広範囲にわたって used by 年金 計画／陰謀s to 確実にする payouts to pensioners, will have to 永久的に 持つ／拘留する liquidity 衝撃を和らげるものs of around 300-400 basis points, as they have had to do after the 小型の-予算 危機.
The FPC also said there is a need to toughen resilience of money market 基金s, used by companies for day-to-day 財政／金融ing, and UK regulators will publish a 協議 paper on MMF 規則 later this year.
The central bank will also 始める，決める out in the second ４半期/4分の1 詳細（に述べる）s of its first "探検の／予備の シナリオ" to 調査／捜査する how banks and 非，不，無-banks 反応する collectively to market 強調する／ストレスs.
The move is the 最新の 調印する of how centr al banks are taking a closer look at 非，不，無-banks, which are 規制するd by 安全s 監視者s which have 伝統的に resisted such moves.
But Britain's broader banking 部門 is 井戸／弁護士席-capitalised and has large liquid 資産 衝撃を和らげるものs, and it would be able to continue lending to 商売／仕事s if 利益／興味 率s rise その上の and the economy 悪化するs, the FPC said after its March 23 会合, 示すing that no changes to banking 支配するs were needed for now.
The FPC 強調する／ストレスd that "all UK banks" have been 査定する／（税金などを）課すd on their resilience to moves in 利益／興味 率 rises, 含むing the 衝撃 on their holdings of 逮捕する open 社債 positions.
"The FPC will continue to 監視する 開発s closely, in particular for the 危険 that indirect spillovers 衝撃 the wider UK 財政上の system," it said, 特記する／引用するing possible 継続している 増加するs in bank 基金ing costs which rose recently.
The FPC left 不変の the 量 of 資本／首都 banks must 始める，決める aside to 確実にする lending to 商売／仕事s flows 邪魔されない cycle - known as the countercyclical 資本／首都 衝撃を和らげるもの (CCB).
Looking at how the British economy is 対処するing with the sharp rise in 利益／興味 率s since late 2021, the FPC said 商売／仕事s remained resilient with their 負債 重荷（を負わせる）s 推定する／予想するd to remain 井戸／弁護士席 below previous 頂点（に達する）s.
A 落ちる in energy prices and a better 見通し for Britain's 職業s market meant より小数の 世帯s were likely to have 負債 problems 原因（となる）d by the high cost of living than thought in December, it said. (報告（する）／憶測ing by Huw Jones and William Schomberg) Keywords: BRITAIN BOE/
