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Image header Agence Europe
Europe Daily Bulletin No. 10588
ECONOMY - FINANCE - BUSINESS / (ae) banking

CRD IV flexibility as long as single market is not endangered

Brussels, 03/04/2012 (Agence Europe) - On Tuesday 3 April, the European Commission took note of a recent letter from the European Systemic Risk Board (ESRB) to the effect that the current bank capital requirements should be flexible and allow countries to introduce tighter rules if they wish. A spokesperson for EU Internal Market Commissioner Michel Barnier said that the Commission's aim was simply to point out that there tends to be a lot of misunderstandings about this issue and the...

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