EC Proposes Further Revision of Banking Regulation to Strengthen Rules on Bank Capital and on Remuneration in the Banking Sector
added: 2009-07-13
The European Commission has put forward a further revision of EU rules on capital requirements for banks that is designed to tighten up the way in which banks assess the risks connected with their trading book; impose higher capital requirements for re-securitisations; increase market confidence through stronger disclosure requirements for securitisation exposures; and require banks to have sound remuneration practices that do not encourage or reward excessive risk-taking.
