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By François MASQUELIER, CEO of Simply Treasury
No one can dispute the importance of appropriate prudential rules to ensure the stability of the banking system and the fight against systemic risks. However, as always, the best can become the enemy of the good and it is important to ensure that the adoption of prudential rules by the European Union does not penalize European companies and banks compared to others. This is what is at stake in the project of adoption by the European Commission, to which we must pay close attention.
Transposition of Basel III rules into European law, not at any price
The European Commission is trying to transpose into European law the agreements adopted by the Basel Committee (i...
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