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E.U. to launch new impact study on Basel bank capital rules

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E.U. to launch new impact study on Basel bank capital rules

Posted on Wed, Oct 9, 2019 @ 7:06

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.

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Bank of FranceBasel IIIBasel IVBCBSEBAEBFEuropeEuropean CommissionFrancois Villeroy de GalhaFrederic OudeaSociete Generale
 

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  • European derivatives market valued at €735 trillion

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