Financial Regulatory Forum

EU shelves plan to unveil disputed bank reform for now

European Commissioner in charge of Internal Market and Services Charlie McCreevy speaks during a news conference at EC Headquarters in Brussels September 23, 2009. (file photo)REUTERS/Sebastien Pirlet   (BELGIUM POLITICS BUSINESS) By John O’Donnell and Huw Jones
BRUSSELS, Oct 15 (Reuters) – The European Commission has abandoned plans to publish laws on bank capital rules this month, the EU executive said, amid a dispute that puts a question mark over its centrepiece reform to the way banks work.

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ECB’s Noyer says leverage ratio makes no sense as trouble signal

BUENOS AIRES, Sept 1 (Reuters) – The idea of a simple leverage ratio to help anticipate financial crises is unlikely to work, European Central Bank governing council member Christian Noyer said on Tuesday.

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