About: Basel Committee

Banking union 20-08-2018

ECB fines France’s Credit Agricole over capital reserves

The European Central Bank announced on Monday (20 August) that it had fined French lender Credit Agricole a total of €4.8 million over past irregularities in the way it declared its capital reserves, Reuters reports.
Economic governance 07-03-2018

Commission passes the ball on sovereign debt rules

European Commission Vice-President Valdis Dombrovskis said on Wednesday (7 March) that he does not intend to amend the regulatory treatment of sovereign debt held by banks following inconclusive discussions at international level.
Euro & Finance 07-11-2016

European Parliament to side with banks and reject new Basel banking rules

The European Parliament is expected on Thursday (10 November) to announce that it does not intend to accept new international standards that would require banks to have greater capital reserves. EURACTIV’s partner Milano Finanza reports.

Euro & Finance 10-05-2010

Barnier visit to US ‘waste of time’, says Washington insider

EU Internal Market Commissioner Michel Barnier was in the US over the weekend to talk tough on financial reform. But a high-ranking US official warned that Barnier was consorting with the culprits of the crisis and that his trip may prove a waste of his time. 
Euro & Finance 01-03-2010

MEPs lament ‘piecemeal’ laws on bank capital

MEPs have demanded more information from the European Commission ahead of talks with global banking policymakers designed to overhaul rules on how much capital is on banks' balance sheets.