EU member states want to use judgement to set buffer rules, says working paper

EU Polish presidency paper highlights concerns over aspects of the counter-cyclical capital buffer rules under CRD IV

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Some European member states want the freedom to use their own judgement to decide what variables to consider when calculating a buffer guide – the basis for determining whether a counter-cyclical buffer should be applied to local banks – according to a European Union (EU) Polish presidency working document.

The ‘non-paper', from the Working Party on Financial Services, highlights several key issues within the fourth capital requirements directive (CRD IV) the presidency thinks require further

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