The special one: a eurozone G-Sib waiver for BNP Paribas

Experts say French bank’s G-Sib buffer could fall to 1%, saving €3 billion in regulatory capital

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

To continue reading...

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 indvidual account here: