EU capital rules still on a tight schedule following Basle II delay


BRUSSELS -- The European Commission’s timetable for introducing risk-based bank capital rules for the European Union remains very tight following the further delay to the Basle II bank accord, banking industry analysts said in late March.

The commission -- the ruling body of the 15-nation EU -- wants to apply its third capital adequacy directive (Cad3) to all banks and investment firms in the EU at the same time as the Basle II accord comes into effect for large international banks around the

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