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EU banks don't have regulatory disadvantage over US counterparts, McCaul says

( October 25, 2024, 13:54 GMT | Official Statement) -- MLex Summary: EU banks are not subject to stricter regulatory requirements when compared to US banks, European Central Bank Supervisory Board member Elizabeth McCaul said in a speech in Rome today. Important banks in the US even face slightly higher capital requirements than their EU counterparts, she added. McCaul's comment comes as the EU decided to postpone the implementation of the internationally-agreed trading book rules to keep a level playing field between EU and US....

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