Anna 
Andrew Hauser, the Executive Director of Markets at the Bank of England (BOE), emphasized on Friday the need to ensure that banks’ liquidity buffers remain adequate due to the increased risk of large-scale and rapid deposit runs resulting from technological advancements.
Further Quotes and Insights:
With the unwinding of quantitative easing policies, the Bank of England will require reserves significantly larger than those maintained prior to the 2008 financial crisis.
The Bank of England is committed to further developing alternative liquidity sources for banks.
Adjustments to the Bank of England’s liquidity toolkit are planned to restore market discipline in banks’ liquidity management.
Regulatory authorities face practical limitations in managing banks’ reserve requirements through price incentives.
Non-price levers present complex issues, and it’s crucial to avoid posing risks to monetary control or financial stability.
