ECB suggests changes to Commission’s ‘quick fix’ for bank capital rules

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By Tyler Davies
21 May 2020

The European Central Bank said this week that policymakers should consider offering banks further relief on their leverage ratios during the coronavirus pandemic, building on legislative proposals put forward by the European Commission last month.

The European Commission set out what it called a ‘quick fix’ for the EU’s Capital Requirements Regulation (CRR) on April 28.

It suggested introducing a number of measures of capital relief aimed at helping banks deal with the economic impact of Covid-19.

This included introducing ...

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