Leaked EU document casts doubt on leverage ratio relief
Several MEPs oppose leverage exemption for sovereign bonds, but some want SA-CCR fast-tracked
The European Commission’s draft proposal on capital relief for banks grappling with the coronavirus pandemic is expected to stop short of exempting government bonds from the leverage ratio.
A leaked European Parliament document, seen by Risk.net, reveals significant opposition to the measure among lawmakers, suggesting it is too controversial for speedy adoption.
The US Federal Reserve made major adjustments to its capital rules last month, excluding US Treasuries and central bank deposits
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