Transatlantic Consistency in Capital Requirements Directive IV is Crucial Date: 01 February 2012 AmCham EU welcomes the European Commission’s proposals on the Capital Requirements Directive IV (CRD IV). The European Commission has led efforts to restore financial stability through a range of issues, including higher standards of capital. However, the international nature of markets and firms is at odds with separate regulatory reforms, and AmCham EU strongly believes that a level playing field for the global financial services industry is essential.
We believe that the best way to ensure safer and sounder markets is to strive for international consistency in key areas such as capital, taking into account global companies’ need for crossborder financial services.
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