EU CAD study published

Regulatory Update

The Study on the financial and macroeconomic consequences of the draft proposed new capital requirements for banks and investment firms in the EU, authored by Pricewaterhouse Coopers (PwC), concludes that there will be, on average, a relatively small reduction in the average amount of economic capital that financial institutions will have to hold – about 5.3%. If the so-called Madrid Compromise is taken into account, the reduction might increase to 10%. The report – which was based on data from

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