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Subjects / Capital

Newsletter Apr 08: Supervisors stand firm on large exposure rules

Simon Turmaine | April 21, 2008

LONDON – Irate bankers have won modest concessions from EU regulators over the proposed treatment of their large exposures, but less than they hoped. This became apparent in early April when the Committee of European Banking Supervisors (CEBS) published its advice to the European Commission* on how to revise the rules dealing with large bank exposures to single counterparties or groups of connected counterparties.

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