EU regulators want Basel sign-off before leverage ratio changes
Risk Live: Benefits of temporary leverage exemptions still to be determined, ECB official says
International standard setters should decide whether temporary adjustments made to the leverage ratio by national regulators at the height of the Covid-19 crisis should become permanent, according to a pair of senior European regulators.
Kerstin af Jochnick, a member of the European Central Bank’s supervisory board, urged regulators to discuss the matter at the Basel Committee on Banking Supervision, rather than acting unilaterally.
“We would really like to create a level playing field for all
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