Financial Services Financial Services

EU bank capital deviations from Basel are unjustified and too risky, ECB opinion says

The EU’s banking supervisor has reprimanded the European Commission for failing to keep its bank capital proposals in line with internationally agreed standards and leaving risks unaddressed.

The European Central Bank called today for capital requirements for lenders to be implemented in a timely, full and faithful way. It was respon

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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.

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