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EU banks push to delay implementation of key provisions in Basel 3.1

By Sofia Gerace ( January 29, 2025, 17:19 GMT | Insight) -- EU banks would like to see a delay in the implementation of the fundamental review of the trading book of Basel 3.1, a key chapter of the capital requirements reforms. The bloc's banks want to align with the law's roll out in the US and UK, fearing a competitive disadvantage if it acts sooner.EU banks want to see a delay in implementing some key provisions of Basel 3.1 to January 2027, an updated capital requirements regime to prevent banking crises....

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