ECB split - big EU banks’ capital requirements lower than US rivals

 

Some senior policymakers at the ECB are pushing for it to publish the report, 

or at least some of its findings, 

to counter heavy lobbying by the banking sector to water down rules implementing the Basel agreement on global capital requirements in the sector.

The so-called Basel III package is an ambitious overhaul of bank regulation agreed by supervisors around the world in the wake of the 2008 financial crisis to limit how much lenders can use their own models to make their balance sheets appear stronger than they would otherwise be. 

Financial Times 18 November 2024

https://www.ft.com/content/48f84e00-836d-4659-9d78-60ababfa83ed

Riksbanken vill att EU följer Basel III

https://englundmacro.blogspot.com/2021/09/riksbanken-vill-att-eu-foljer-basel-iii.html

 

Regulators in US and Europe roll back Basel III reforms

https://englundmacro.blogspot.com/2024/06/regulators-in-us-and-europe-roll-back.html

Tillbaka till Rolfs länktips 18 November 2024

https://englundmacro.blogspot.com/2024/11/rolfs-lanktips-18-november-2024.html