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Low bank capital levels were a key factor in the 2007-9 crisis (Photo: Magnus Fröderberg/norden.org)

Lawmakers aim to bridge gap on bank capital regime

EU lawmakers are hoping to resolve their differences on legislation toughening bank capital rules to prevent a repeat of the 2007-9 financial crisis.

MEPs will hold their next trialogue negotiations with the Irish presidency on Tuesday (February 19) in a bid to secure agreement on the Capital Requirements directive (CRD IV).

The legislation, which establishes the minimum levels of core capital held on the balance sheets of European banks, tackles what many regard as the core of t...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

Low bank capital levels were a key factor in the 2007-9 crisis (Photo: Magnus Fröderberg/norden.org)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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