EBA looks to halt 'infection risk' on legacy capital

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By Jasper Cox
21 Oct 2020

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.

The EBA has published an opinion paper on legacy capital instruments, in order to shed light on how old securities will be treated from a prudential perspective once a grandfathering period for them ends.

Grandfathering provisions for certain instruments under the Capital Requirements Regulation will end at the end ...

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