Summary
This resolution addresses the finalization of international Basel III banking standards, emphasizing financial stability and the need for rules that are fair to smaller banks and the real economy. 10 23.11.2016
Other
finance
economy
international relations
Key points
- The importance of establishing sound global standards to ensure financial stability and prevent future crises.
- The necessity of maintaining well-capitalized banks to support the real economy and provide lending for households and businesses.
- The requirement to respect the principle of proportionality so that smaller, less complex banks are not unfairly burdened by regulation.
- The need for thorough assessments to ensure new reforms do not negatively impact the financing of the real economy or existing EU initiatives.
These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.