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EU banks must report cyclical capital buffers by country under EBA proposal

( June 27, 2014, 16:05 GMT | Official Statement) -- MLex Summary: Banks must publish country-by-country reports on how much capital they set aside under special buffers designed to counter economic cycles, under technical standards proposed by the European Banking Authority. Lenders also must detail the amount of exposures in each country subject to such buffers, under the proposal for rules that the EBA is due to submit by the end of the year to the European Commission, which decides the final measures....

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