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Europe Daily Bulletin No. 13206
ECONOMY - FINANCE - BUSINESS / Banks

Final straight in European Parliament/EU Council negotiations on finalising integration into EU of ‘Basel III’ agreement

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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