EC adopts Covid-19 banking package with ‘quick fix’ for CRR

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EC adopts Covid-19 banking package with ‘quick fix’ for CRR

Tyler Davies
April 28, 2020 12:15 PM
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The European Commission said on Tuesday that it would amend bank capital rules in the EU to free up more capacity for lending during the coronavirus pandemic. Its new measures include a proposal to reset the transitional period for IFRS 9, as well as several changes to leverage ratio requirements.

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