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Europe Daily Bulletin No. 11759

1 April 2017
ECONOMY - FINANCE - BUSINESS / banks
EESC insists on proportionality of banking prudential rules
Brussels, 31/03/2017 (Agence Europe)

The European Economic and Social Committee (EESC) would like a more integrated approach to be adopted at European level to make the banking prudential rules more proportionate.

Within the Committee, we feel that the application of the principle of proportionality of the rules is “too fragmented and too limited”, said Daniel Mareels (Group I, Belgium), the author of the opinion adopted by the EESC on Thursday 30 March.  He feels that an in-depth analysis is necessary to determine a more...

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