Sector Regulation Sector Regulation

EU banks won't lose out from faithful implementation of Basel output floor, Lagarde says

By Jack Schickler
  • 27 Sep 2021 09:37
  • 27 Sep 2021 09:37
EU banks won’t lose out from a controversial new capital output floor designed to stop them undercutting global capital requirements, Christine Lagarde told lawmakers today. 

The European Central Bank president warned the bloc not to delay or water down internationally agreed rules, a month before the European Commission is due to

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