EC moderates CRD revisions

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The European Commission (EC) has revealed a final version of a proposal to amend the Capital Requirements Directive (CRD). The October 1 proposal outlines a number of changes to the original, including a retention charge for bank originators of securitisation deals, limits on interbank exposures and a 'college of supervisors' initiative.

Having gone through two consultation periods since a set of draft amendments was released in April, the fate of the revised CRD now lies in the hands of the

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