Financial Services Financial Services

Bank capital relief in EU version of Basel III must stay temporary only, key lawmaker says

By Fiona Maxwell
  • 10 Feb 2022 12:42
  • 10 Feb 2022 12:51
Transitional periods that would dilute the impact on EU banks from capital rules must not be made permanent, the lawmaker leading European Parliament scrutiny of the proposal said today.
Jonás Fernández said he could “maybe live with” temporary capital relief proposed by the European Commission in its version of international

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

Discover MLex

Stay on top of global regulatory developments

Latest News