Above all, the capital requirements of major European banks are likely to increase if the EU Commission prevails with its proposals.
(Photo: Getty Images News / Getty Images)
Brussels, Frankfurt For a long time it was fiercely contested how strictly the European Union wanted to implement the latest international reform package for banks that was passed after the global financial crisis. EU Commissioner Mairead McGuinness wants to officially present her proposals next Wednesday.
The EU Commission intends to adhere relatively closely to the agreements reached at the end of 2017 in the essential points, as the draft reform documents that are available to the Handelsblatt and date to October 20 show.
The most important points of the reform concern the handling of internal risk models for banks, the handling of loans for companies that do not have their own rating, and the question of how the EU Commission intends to deal with ecological financing.
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