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Basel 3 proposals to include EBA database of bank disclosures, McGuinness says

( October 26, 2021, 14:51 GMT | Official Statement) -- MLex Summary: EU bank-capital proposals known as Basel 3, set to be unveiled by the European Commission tomorrow, will propose a centralized pool of EU bank disclosures collected by the European Banking Authority, EU financial services commissioner Mairead McGuinness told an EBA conference today. The commissioner also warned of the risks posed by climate change to financial stability, ahead of next week's COP26 UN climate conference.Speech attached. ...

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