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European Union to Inquire about Postponement of Capital Rules from Banks
8 hours ago
The European Union is gearing up to approach major banks regarding a potential delay in the implementation of new capital rules that were initially set to come into effect next year. This move comes amid concerns that the current economic climate, particularly influenced by rising interest rates, may not be conducive for these regulatory changes. The proposed changes are part of ongoing enhancements to the banking sector's resilience and stability in Europe.
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