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Europe Daily Bulletin No. 11635

30 September 2016
Contents Publication in full By article 15 / 36
ECONOMY - FINANCE - BUSINESS / Banks
Dombrovskis finds costs of proposed reforms to finalise Basel III framework excessive
Brussels, 29/09/2016 (Agence Europe)

At a conference hosted by the European Banking Federation (EBF) on Thursday 29 September, the Commissioner for Financial Services, Valdis Dombrovskis, said that the proposed reforms to finalise the Basel III framework currently on the table of the Basel Committee would imply "significant capital requirement increases in all areas".

The commissioner went on to say that it was important for the global regulators to take account of the wide range of commercial models present in the European...

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