Sector Regulation Sector Regulation

Comment: EU banks' EUR40 billion capital requirements hike might take sting out of Basel reforms

By Jack Schickler
  • 19 Apr 2021 08:36
  • 19 Apr 2021 08:36
EU banks have been lobbying against hikes in capital requirements promised by new global rules — but just as painful was an ECB review into whether they're following existing laws. 

The long-running probe into whether 65 large eurozone banks were gaming the system by tricky use of internal risk models was concluded today

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