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Image header Agence Europe
Europe Daily Bulletin No. 10313
Contents Publication in full By article 11 / 42
GENERAL NEWS / (eu) eu/banking

Consultation on counterparty default risk

Brussels, 10/02/2011 (Agence Europe) - The European Commission has launched a public consultation exercise that will run until Wednesday 9 March on counterparty risk, in other words, the danger that a bank's counterparty might default. The Commission is seeking the views of interested parties on how much capital banks should be required to hold in a central chamber to compensate for losses from standardised derivatives. The rules that the Commission is planning to introduce in its draft...

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