Leaked EU document casts doubt on leverage ratio relief
Several MEPs oppose leverage exemption for sovereign bonds, but some want SA-CCR fast-tracked
The European Commission’s draft proposal on capital relief for banks grappling with the coronavirus pandemic is expected to stop short of exempting government bonds from the leverage ratio.
A leaked European Parliament document, seen by Risk.net, reveals significant opposition to the measure among lawmakers, suggesting it is too controversial for speedy adoption.
The US Federal Reserve made
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