EU resurrects banking practice that caused the 2008 financial crisis
Securitization allows banks to repackage and resell debt, famously explained by actress Margot Robbie in a bubble bath in the film “The Big Short.”
capital requirements
Global slowdown in banking regulation
Faced with US procrastination, the European Commission is expected to postpone the tightening of capital requirements essential to prevent crises. Much to the relief of banks.
Trump administration prepares to ease big bank rules
The proposal would represent the latest policy win for the banking industry, which has been closely scrutinized since the 2008 global financial meltdown.
Document: EU to loosen rules for resold debt
The European Commission plans to make it easier for banks to invest in resold debt, known as “securitization,” under draft proposals to revise rules for the practice seen by POLITICO. The Commission will publish its revision of the EU’s securitization rules in a legislative package on June 17. This will include changes to the Capital […]
MEPs to grill Portugal’s Albuquerque on CMU, central supervision, deposit protection
EU lawmakers will be looking for cues as to whether it’d be her public or private-sector experience to prevail
EU Commission must get Solvency 2 implementation right or risks stifling investment, insurers warn
Measures the new EU Commission will set out for insurers in the second half of the year risk thwarting policymakers’ efforts to boost Europe’s competitiveness and private funding capacity if not re-calibrated differently, the sector has warned.
How UBS fell out with Switzerland’s establishment after rescuing Credit Suisse
Bank’s leaders and Swiss financial officials clashed over issues from capital requirements to chief executive’s pay
The hottest political issue European politicians aren’t talking about
Europe’s cities reckon with the affordable housing crisis,
‘Excessive’ capital requirements stand in the way of CMU, insurance industry warns
While EU policymakers hope to mobilise more private capital for investments through the Capital Markets Union (CMU), high capital requirements prevent insurance companies from “playing a bigger role”, industry association Insurance Europe said.
UBS chief Ermotti criticises Swiss regulators over Credit Suisse
Comments come after watchdog said he supported new rules that could increase capital requirements
Capital Markets Union best route to rival US IRA, Michel says as Letta outlines sweeping financial sector plan
“I am absolutely convinced for my part that the Capital Markets Union is the best European IRA that we can develop, since it is trillions of euros of resources that can be mobilised, which are not [mobilised] today, to stimulate, support, to develop in…