The Bank of England, the way to independent
This is part of law research focus on the banking supervision, so write 2200 word with fully advanced level of academic research. focus on legal aspects and law area.
Please answer these questions:
– Clarify the relationship between the Bank of England, and the Prudential Regulation Authority (PRA), the Financial Conduct Authority (FCA)?
– How much the influences 0f theses entities (PRA, FCA) on financial stability, and especially the banking sector?
– To What extent to these entities to be independent to working without any interference?