Brussels, 11/05/2016 (Agence Europe) - On Wednesday 11 May, the European Parliament approved the extension, from the end of 2017 to the end of 2020, of the exemptions to certain banking prudential rules currently enjoyed by traders in raw materials.
Under the CRR Regulation (575/2013), which lays down the requirements applicable to credit establishments and investment companies, traders in raw materials already enjoy a derogation to the prudential rules on major risks and own funds until...