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Investment firms should get capital shield in EU rules revamp, EBA says

By Hugo Coelho ( September 29, 2017, 12:28 GMT | Insight) -- Investment firms should be given time to shore up capital after abrupt fluctuations in the prices of assets and large orders from clients, the European Banking Authority has said in recommendations on tailoring capital rules for the industry. It estimates the changes would drive up capital requirements by an average of 10 percent.Investment managers and traders should be given time to shore up capital after abrupt fluctuations in the prices of assets and large orders from clients, the European Banking Authority has said....

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