EU financial institutions quizzed on trading rules application
( March 24, 2025, 11:31 GMT | Official Statement) -- MLex Summary: The European Commission today opened a consultation on its approach for the application of the bloc's framework on market risk prudential requirements for banks — the fundamental review of the trading book. This move follows uncertainty on the timeline of the application of rules in the US and the UK, aiming to ensure an international level playing field for EU banks. The consultation runs until April 22. Press release follows. Consultation document attached....
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