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Euro-zone banks should be exempted from global banking regulations on mortgages or those granted to businesses, especially small and medium-sized enterprises (SMEs), Daniele Nouy, responsible for "I would support the full compliance with Basel regulations, with the exception of mortgages because they are not included in US bank balances, so we have specific items in Europe that should be taken into account, and categorically, SMEs that, alongside companies, are much more financed by banks, "said Daniele Nouy at a conference held in Linz, Austria.
According to a report from the European Banking Authority (EBA) The European bank needs 39.7 billion euros (47 billion dollars) to implement the new regulation – known as de B (1965) In 2017, an agreement was signed on the new global regulation established by the Basel Committee on Banking Supervision (BCBS), which will strengthen the international post-international regulation, Banking Crisis
L & # 39; agreement includes new limits on how banks estimate the risk of mortgages, loans and other assets in their balance sheets, with the aim of improving transparency and balance sheet position, says the statement of the BCBS. 19659003] The banking sector has a few years to introduce the new rules
European officials are opposed to a significant increase in capital, warning that some banks will become more expensive
. banking regulations that include nearly 30 states, ready to enter in 2016 the new banking regulations – known as Basel III – is in force.
But those who oppose the new regulations, especially in Europe and Japan, consider that the revision goes too far because they fear that banks will increase too much of the capital. European authorities have demanded that capital requirements be calibrated according to the risks assumed by banks and their business models.
The Basel III rules, developed after the onset of the financial crisis, are aimed primarily at strengthening bank capital. their liquidity reserves to limit the risks of bankruptcy and avoid new crises.
Governments around the world have spent billions of taxpayer dollars to save the banks that had problems after the 2007-2009 financial crisis and whose bankruptcy threatens the stability of the entire system financial world. Since then, G20 regulators have been trying to find ways to avoid repeating such a situation
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