On Thursday 8 February, the Greens/EFA group at the European Parliament published its amendments to the legislative proposals of the ‘banking risk reduction’ package, calling for the credential requirements to be relaxed for smaller banks.
“In the forthcoming negotiations, we will recommend a tangible simplification for smaller banks, without damaging financial stability. Inversely, we will also insist on strict rules for institutions of systemic importance”, Germany’s Sven Giegold...