EU May Consider Relaxing Rule on Banks for Sovereign Buffer

European bank supervisors may discuss easing requirements for lenders to hold capital against sovereign debt this week as part of more than 30 meetings this month to track banks’ progress in complying with updated requirements, two people with knowledge of the discussions said.

Regulators will meet this week at the European Banking Authority in London to review capital rules issued in December. National supervisors will probably discuss the so-called sovereign buffer, according to one of the people, a senior EU official who declined to be identified because the talks are private.