Setting an upper limit of 3% for the leverage ratio is one of the key measures of the revision of the banking prudential rules (CRD-CRR legislative package) to be presented by the European Commission next week.
At a conference on the future of the European banking sector hosted by the think tank Bruegel on Tuesday 15 November, Commissioner for Financial Services Valdis Dombrovskis, confirmed the plan to bring in a binding leverage ratio of 3%. Embedding this backstop and combining it with...