Regulator Says EU Messed Up Capital Rules
The EU’s implementation of Basel III capital requirements are “materially non-compliant,” meaning banks in the region may not be retaining enough risk to cushion against future financial crises, the Basel Committee on Banking Supervision has said in a report.
The EU’s implementation of Basel III capital requirements are “materially non-compliant,” meaning banks in the region may not be retaining enough risk to cushion against future financial crises, the Basel Committee on Banking Supervision has said in a report.
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