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EU Basel carveouts are temporary but finding compromise will be difficult, McGuinness says

By Kathryn Carlson ( June 14, 2022, 16:49 GMT | Insight) -- Carveouts in EU bank capital rules based on internationally agreed standards are temporary, but finding a compromise on deviations from the standards will prove difficult, EU financial services chief Mairead McGuinness has said.Carveouts in EU bank capital rules based on internationally agreed standards are temporary, but finding a compromise on deviations from the rules will prove difficult, EU financial services chief Mairead McGuinness has said....

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