The Bundesbank’s top bank supervisor on Thursday backed simplifying Europe’s capital requirements for lenders, while stressing this does not mean lowering them.
“We are therefore committed, within the European Union and the Eurosystem, to simplifying the current capital framework,” Michael Theurer told a conference organised by the German central bank. “I hope that we will succeed in this with our European partners. However, it would be premature to say exactly where this will lead.”