EU banks decry threat of capital hit to UK CCP exposures

EBA says supervisors could apply charges to “excessive exposures” of euro derivatives at all non-EU clearing houses

European Banking Authority is based in Europlaza Tower, Paris
Europlaza Tower, Paris, home to the European Banking Authority
Photo: 11h45_Paris La Defense

Europe’s banks have decried proposals that could see supervisors whack banks with capital penalties if they fail to dial back their euro swaps exposure to foreign clearing houses, arguing that the move would put European Union lenders at a disadvantage to global banks and market-makers.

On March 18, the European Banking Authority (EBA) published guidelines for bank watchdogs charged with implementing the EU’s supervisory review and evaluation process (Srep), which included instructions on

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 or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

Most read articles loading...

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