EBA: CRR

EBA has published the text of a letter explaining that it has been contacted by stakeholders with regard to the latest amendments to CRR. Among these, EBA suggests that “some of the proposals recently being discussed do not seem to sustain the overarching principle of strengthening the quality of capital and may even in some cases lead to lower standards than the ones currently applicable” and says that non-joint stock companies should not be treated more favourably than joint stock companies. . A few of these recent proposals are detailed in the annex attached to this letter.