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Proposed bank risk changes may add complexity, weaken oversight, EU watchdog says

( April 23, 2026, 14:23 GMT | Official Statement) -- MLex Summary: The European Banking Authority warned that proposed changes by the European Commission to new rules on operational risk could increase complexity and weaken supervisory effectiveness. In an opinion published Thursday, it raised concerns about allowing banks to mix different calculation methods and easing reporting duties. The watchdog asked the commission to reconsider these changes, while supporting other technical improvements.Press release follows. Opinion and letter attached....

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