On Tuesday 14 April, the ECB’s Governing Council presented its recommendations for making the European Union’s banking sector more competitive, while at the same time guaranteeing the solidity it acquired after the 2008 financial crisis.
Building on its specific proposals made at the end of 2025 (see EUROPE B13772A5), the EU institution reiterated its position that the level of regulatory capital, “comparable” to that imposed by other international jurisdictions, is adequate and...