The Council of the European Union is an institution specifically designed to allow member states to represent their national interests within the supranational framework, up to a point. But a proposed French amendment to new bank capital requirements that might benefit only one bank – France’s BNP Paribas – could be stretching the point a bit too far.
The proposal would modify the way the EU implements capital buffers for global systemically important banks (G-Sibs). The G-Sib list is drawn up
The week on Risk.net, September 8-14, 2018Receive this by email