The Financial Services team is engaging in Europe on the implementation of Basel III and EBA loan origination guidelines.
The next phase of the implementation of Basel III
The implementation of Basel III in the EU is set to become one of the most prominent legislative proposals in the upcoming European Commission and will likely have significant impact on banks operating in the EU. The CBI is calling on regulators to explore these reforms carefully and ensure that overlaps or inconsistencies with previous reforms are avoided.
Getting the implementation of Basel III right would maintain a level playing field and free up cross-border capital flows to create the Capital Markets Union the EU and business desire. The CBI are working closely with BusinessEurope to ensure that members are represented on the EU stage. We are also looking to respond to the Commission’s public consultation on Basel III implementation. If you are planning on responding to this consultation or would like to help shape the CBI’s response, please contact Megan Griffith Otway.
EBA loan origination guidelines
The CBI are concerned tha