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Image header Agence Europe
Europe Daily Bulletin No. 12225
Contents Publication in full By article 18 / 29
ECONOMY - FINANCE - BUSINESS / Banks

Certain Argentine prudential rules considered equivalent to those of EU

On Friday 29 March, the European Commission adopted a decision recognising that Argentina has requirements equivalent to those of the EU in terms of the prudential and supervisory framework for the purpose of credit-risk weighting. 

This decision, based on an opinion from the European Banking Authority, will enable EU banks to apply a more favourable and proportionate capital treatment for exposures to credit institutions and certain public sector entities located in Argentina. 

"This...

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