EBA looks to halt 'infection risk' on legacy capital

Jasper Cox

October 21, 2020 09:00 am

EBA_PA_575x375_20October2020 — European Banking Authority Chairperson Jo Swyngedouw, European Affairs Minister Nathalie Loiseau and Minister of State attached to the Ministry of Economy and Finance Agnes Pannier-Runacher sign the EBA's headquarters agreement on March 6, 2019 at the Foreign Ministry in Paris, France. Following the UKs decision to leave the EU, European ministers decided on November 20, 2017, to move it from London to Paris. Photo by Vernier/JBV News/ABACAPRESS.COM | Vernier Jean-Bernard/JBV News/ABACA/ABACA/PA Images

Much of European rule making in wider society has been about preventing infection spreading to the elderly of late. But the European Banking Authority has instead weighed in on the "infection risk" that stems from grandfathered securities.

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Topics

Regulation Bank Capital FIG People and Markets Europe Regulatory Capital EMEA FIG People and Markets

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Jasper Cox