E.U. to launch new impact study on Basel bank capital rules
By Huw Jones
October 7, 2019, Reuters
The European Union will sound out banks for a second time before implementing the final phase of global capital standards aimed at averting taxpayer bailouts in a crisis.
The bloc’s banking watchdog, the European Banking Authority (EBA), dismayed lenders over the summer by saying the last section of global standards, known as Basel III, should be implemented in full by the E.U.
