Sector Regulation Sector Regulation

EU banks offered delay, reprieve on new loan-issuing procedures — but only slightly

By Jack Schickler
  • 29 May 2020 10:24
  • 29 May 2020 10:24
EU banks have been offered a delay to and some softening of controversial rules controlling when they should issue loans in guidance published today.

But European Banking Authority norms on bank governance and creditworthiness assessment are still far more detailed than what came before (see here). 

An EBA consultation published last year drew a

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