Date: 5th October 2016
Author:
Type: In the news
Basel III might be postponed by US Banks, EBIC thinks. The European Banking Industry Committee sent a letter with their concerns to EU Commissioner Michael Barnier. Main topics of concern are liquidity coverage ratios, lower RWA’s to retail and SME lending, exemptions from CVA charges for intragroup business, the Basel I “floor” extension and RWA treatments of investments into development of software.
Read the full letter here.