The final knockout – which would occur if “the Financial Policy Committee (FPC) judges that the stance of monetary policy poses a significant threat to financial stability” – points to the third problem. The FPC is part of the complex new UK regulatory structure, in which the former Financial Services Authority has been split in two: a prudential and business-conduct regulator and a new body to monitor financial stability.
最后一个出局条件——将在“金融政策委员会（FPC）判断货币政策立场对金融稳定性构成了重大威胁”时发生——指向第三个问题。FPC是英国复杂的监管结构的一部分。在英国的监管结构中，原先的金融服务局被拆成了两部分：一个审慎的商业行为监管部门和一个新的金融稳定性监视部门。新的FPC必须在其有疑问时以公开方式向MPC提供意见。