OpRisk Europe: EBA calls for common approach on CRD

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The European Banking Authority (EBA) is pushing to iron out cross-border differences in the latest Capital Requirements Directive, CRD4. Bernd Rummel, the EBA's principal policy expert, told the OpRisk Europe conference in London today: "It's the initiative of the European Commission to have a maximum harmonisation approach. They're working on CRD4, which will be split up into two parts. One part, which is the regulations and is directly applicable, contains all the Pillar I elements. This will

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