Banking

EU to postpone new banking regulations by one year • Table.Briefings


Letzte Aktualisierung: June 12, 2024

The French banking district in the La Défense district of Paris. French President Macron in particular is concerned that they could be at a disadvantage compared to US financial institutions. (IMAGO / Westend61)

The stricter capital requirements for banks under Basel III should actually apply in the EU from next year. This could be postponed by a year for fear of discrimination against European financial institutions.

According to a media report, the EU may postpone the implementation of new regulations for banks’ trading activities by a year. The Bloomberg agency reported on Tuesday, citing insiders, that this step would prevent European financial institutions from being put at a disadvantage compared to financial institutions from the USA as a result of an early introduction.

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