Basel III tweaks welcomed by EU lawmakers despite doubts from Social Democrats
By Fanny Roux ( June 23, 2026, 15:42 GMT | Insight) -- EU lawmakers broadly welcomed a European Commission proposal allowing banks to use a multiplier to offset Basel III capital increases, though the Socialists and Democrats group raised concerns about following non-EU countries' deregulation. The measure, which aims to level the playing field with non-EU competitors, is due to take effect in January 2027 unless the European Parliament or member states oppose it within three months.A proposed implementing text to offset Basel III market risk rules was generally welcomed by EU lawmakers on Tuesday, even though the Socialists and Democrats group expressed some concerns....
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