Digital & Resilience

Delayed CRR II poses risks of capital penalties for underprepared firms

By Farah Khalique
BRR fallback image

Valentine’s Day, 2019. After endless rounds of fiery talks, the EU “Banking Package” was finally agreed and rubber-stamped by the European Parliament a couple of months later. More than two years and one pandemic later, the bloc’s financial services firms are gearing up for the June 28 go-live date. The ...

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