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22 June 2015

EBF maintains concerns on Bank Structural Reform

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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


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