EU Delays Banking Rules
This is a Basel III news story, published by Yahoo Finance, that relates primarily to The European Commission news.
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international banking reformsThe Daily Upside
•Business
Business & Economics
Europe Delays Stricter Banking Rules to Keep ‘Level Playing Field’ With US Rivals

79% Informative
The European Commission announced Thursday that the so-called Fundamental Review of the Trading Book will be delayed one year until 2027 .
It would place stricter rules on the region’s investment-bank trading desks.
The new rules are part of the Basel III international banking reforms that were introduced in 2017 and designed in response to the 2008 financial crisis.
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