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Europe Daily Bulletin No. 13206

22 June 2023
ECONOMY - FINANCE - BUSINESS / Banks
Final straight in European Parliament/EU Council negotiations on finalising integration into EU of ‘Basel III’ agreement
Brussels, 21/06/2023 (Agence Europe)

Negotiators from the European Parliament and the Swedish Presidency of the Council of the European Union will attempt, on Monday 26 June, to reach a political agreement on the legislative package aimed at finalising the integration into the EU of the so-called 'Basel III' banking prudential standards. (see EUROPE B13169A18).

Three political issues remain to be decided: - the level of application of the output floor for banks using an internal model to calculate capital requirements; -...

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