EBA chair says current regulation not fit for all banks

The EBA chair says EU regulation derived from Basel III is too complex for some banks; the Basel Committee’s head sees tension between making Basel III more proportionate and keeping rules consistent across borders

The EBA's Enria called for rules to be refined

Banking regulation in the European Union is too complex for some banks, and rule-makers should now focus on tailoring it to different business models, the chairperson of the European Banking Authority (EBA) has said.

"Have we come out with a framework which is very complex? Indeed we have," Andrea Enria said at the British Bankers' Association International Banking Conference on October 22. "How can we simplify is the general question I have. And I'm coming to the conclusion that maybe we need

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here