EU reveals plans for tougher rules for banks

The European Commission wants to impose more stringent rules on European Union banks in a bid to make the region's financial system more stable.

The commission said Wednesday that it wanted to amend its Capital Requirements Directive to force banks to retain 5% of the value of securitised funds and take steps to enhance their liquidity management.

"These new rules will fundamentally strengthen the regulatory framework for EU banks and the financial system," said Charlie McCreevy, the internal

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.