EU urged to pass permanent market risk capital relief

Council agrees temporary changes, but ECB’s Enria wants legislators to trust supervisors

pressure gauge

Banks are expecting EU legislators to pass a legal amendment that will give supervisors the power to temporarily lower a multiplier used in the calculation of trading book capital requirements. But there is growing pressure to make this discretion for supervisors permanent.

Three sources say the Council of the EU has agreed to the amendment put forward by members of the European Parliament (MEPs) in response to the extreme market volatility caused by the Covid-19 crisis. The rule change, which

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a 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: