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EU banks to be queried over trading rules changes after US, UK delays

By Sofia Gerace ( March 14, 2025, 08:53 GMT | Insight) -- EU banks are set to be consulted over the next steps of the Fundamental Review of the Trading Book, a more robust framework under Basel 3.1 capital rules, which determine requirements for banks’ financial instruments held for trading activities, MLex understands.EU banks are set to see a consultation from the European Commission over the application of key provisions of the Basel 3.1 capital requirements following uncertainty over the rules' application in the US and the UK, MLex understands....

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