European regulators might loosen rules on banks' assets

02/1/2012 | Wall Street Journal, The · Reuters

European banks are pressing regulators to relax rules that require them to keep large amounts of ultrasafe assets to help them weather a crisis. EU policymakers and regulators are considering allowing lenders to comply with safety standards by holding a wider variety of assets, sources said. However, loosening the rules might prompt concerns from officials outside Europe. Antonio Tajani, EU commissioner for enterprise and industry, said the European Commission is considering easing capital rules for banks to bolster small-business lending.

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Wall Street Journal, The · Reuters

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