Negotiators from the European Parliament and the Swedish Presidency of the Council of the European Union will attempt, on Monday 26 June, to reach a political agreement on the legislative package aimed at finalising the integration into the EU of the so-called 'Basel III' banking prudential standards. (see EUROPE B13169A18).
Three political issues remain to be decided: - the level of application of the output floor for banks using an internal model to calculate capital requirements; -...