IN TROUBLED TIMES, FINALLY SOME RELIEF FOR EUROPEAN BANKS

Highlights

• Regulations by Basel group now to be implemented in January 2023

• Fundamental Review of the Trading Book also be implemented in January 2023

• 120 billions freed by The European Central Bank

European Banking Authority has estimated that banks would require about 125 billion euros to meet the standards as decided by Basel Committee in the year 2017. As a relief to industry in ....