ECB Vice President: Banks' Capital Requirements Should Not Be Reduced, but Simplified

Portfolio

Center

Factuality

Ownership

According to the Vice President of the European Central Bank, European banks do not need to relax capital requirements, but rather to simplify regulation, as the current level of capital requirements does not pose a competitive disadvantage for them - Reuters reports.

Naftemporiki

Factuality

Ownership

European banks need simpler rules, not looser capital requirements, European Central Bank Vice President Boris Vučić said on Friday, arguing that strict banking requirements are a source of… Boris Vučić (ECB Vice President): Europe needs simpler rules, not looser capital requirements - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ