European Commission in ‘listening mode’ on potential FRTB changes
Delay or relief measures on the table after UK postpones start of Basel III to 2027
The European Commission is considering relief measures to adjust new trading book capital rules, according to six sources, but European Union banks disagree over whether a further delay to implementation is also desirable.
“The Commission seems to be in listening mode,” says a senior risk modeller at a European bank. “They might well go for a consultation, formal or informal. The question is: when will they do this consultation?”
The start of the year ushered in sweeping changes to the EU’s bank
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