@alexs @anon44204028 @anon95680666 @Investor_No1 tier1, liquidity, RWA, mobilisation - you guy should be advising the Bank of England 
During Mobilisation we apply for and have been informed by the PRA about our liquidity and capital requirements. A āfeatureā of the UK regulatory regime is that these two formulas/numbers are confidential between the regulator and firm. Our capital is all called ātier oneā in otherwords ordinary shares, the best and safest form of bank capital 
. The amount of capital we need is a function of something called RWAs or Risk-weighted assets, a way of adjusting bank balance sheets for risk. Weāre in the midst of another fundraise now because we need enough capital to run the bank on whatās called T+12, or for the next 12 months and this includes all growth 
plans 
.
On the liquidity side (because you can have capital without liquidity and you can be liquid without capital 
) you may recall that aside from a modest amount of overdraft lending and some funds held as surety for using the payment schemes, most of our assets are held at our Reserves Account with the Bank of England - and you donāt get more liquid 
than that 
If you want me to explain the ācapital stackā Iām happy to shed some 
on this dark banking corner!