ECONOMY - FINANCE - BUSINESS / Banks

‘Basel III’ prudential standards, European Parliament/EU Council negotiations stall on minimum capital requirements

Brussels, 25/04/2023 (Agence Europe)

The positions of the European Parliament and the Council of the European Union are still far apart on the level of application of the minimum capital requirements, called the ‘output floor’, the representatives of the two EU institutions had noted on Tuesday 18 April during the second trilogue negotiation session on the finalisation of the integration of the so-called ‘Basel III’ banking prudential standards in the EU.

According to Parliament, this output floor, which will apply to...