Banks hail ‘improved’ European leverage ratio
Banks have welcomed "helpful clarifications" on a number of issues in the EU's leverage and liquidity coverage ratios but treatment of pending settlements remains a problem
Banks have applauded the European Commission's delegated acts on the leverage ratio and the liquidity coverage ratio (LCR) for a series of tweaks they say will ease implementation. Concerns remain over the treatment of trades that are waiting to be settled, with banks claiming leverage exposure numbers – against which capital adequacy is measured – could be magnified by billions of euros.
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