Tougher capital provisions for banks on risky products

Author (Person)
Series Title
Series Details 7.5.09
Publication Date 07/05/2009
Content Type

Article reports that banks in Europe will have to set aside more capital to cover risky products after the European Parliament approved a package of measures on the 6 May 2009 to toughen capital rules and prevent a repeat of the financial crisis.

Related Links
EurActiv, 7.5.09: Parliament backs tighter capital rules for banks http://www.euractiv.com/euro-finance/parliament-backs-tighter-capital-news-221861

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