Follow Us

Follow us on Twitter  Follow us on LinkedIn
 

22 June 2015

EBF maintains concerns on Bank Structural Reform


Default: Change to:


The European Banking Federation maintains its concerns with regards to the potential impact and unintended consequences that this initiative will have for liquidity, capital markets and economic growth and jobs.


During the upcoming trilogue discussions the EBF will continue its efforts to convince European Union institutions to substantially amend the BSR proposal so that the European banking sector can  remain competitive  in  a  global  context,  and  to  take  into  account  the  need  to  apply  the subsidiarity principle where appropriate.

As stated previously, the EBF urges policy makers to rethink their priorities as Bank Structural Reform could lead to a loss in European investment capacity equal to 5 percent, representing a decline of almost €100 billion in capital expenditure on the long term.

Any further reform of the banking sector also needs to take into view the new, significantly different regulatory and economic environment.

Press release



© EBF


< Next Previous >
Key
 Hover over the blue highlighted text to view the acronym meaning
Hover over these icons for more information



Add new comment