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EU delays entry into force of internationally-agreed bank trading book rules to 2026

By Jean Comte ( October 25, 2024, 12:40 GMT | Insight) -- The European Commission's plan to delay a set of internationally-agreed rules for banks' trading books by one year has been adopted, after EU lawmakers and countries didn't object to the move. It aims to align the bloc with the US and the UK, which will not be ready to implement the agreement in 2025.A European Commission proposal to delay to January 2026 the implementation of internationally-agreed rules on trading books was officially adopted yesterday....

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