Europe edges towards three-pronged CVA exemption

safety-net

European banks are on the verge of being granted a sweeping exemption to the credit valuation adjustment (CVA) capital charge contained in Basel III, after the European Union's finance ministers this week endorsed the result of drawn-out three-way wrangling between the Council of the European Union (EU), members of the European Parliament and the European Commission, which reached a conclusion late on February 27. A final agreement could now be sealed later this month, according to the Council o

To continue reading...

You must be signed in to use this feature.

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: