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EU investment firms promised no major disruption as EBA consults on new regulatory framework

By Jack Schickler ( June 5, 2020, 10:41 GMT | Insight) -- EU investment firms have been promised that new laws agreed last year won't disrupt their activities, as the European Banking Authority published draft rules to implement the legislation. The EBA is seeking to hammer out key details of capital requirements, bonus constraints and supervisory reporting for the 2,500 or so companies within the bloc that process securities orders, ranging from giants such as JPMorgan Chase to more specialized boutiques. EU investment firms have been promised that new laws agreed last year won't disrupt their activities, as the European Banking Authority published draft rules to implement the legislation. ...

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