On reform of capital adequacy rules for European banks

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Swedish, Estonian, Latvian, Lithuanian and many other European countries’ central banks and financial market supervisory authorities have signed a joint letter to the European Commission calling for the European Union (EU) to ensure a full, timely and consistent implementation of reforms that were agreed in the global banking supervision standards known as Basel III after the 2008-2010 financial crisis. The European Commission plans to publish its updated capital adequacy rules for banks within the EU this autumn.

More information on the Basel III agreement is available here: https://www.bis.org/bcbs/basel3.htm.


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