EU to Delay Capital Rules for Bank Trading Desks by One Year

Financial Services Commissioner Maria Luis Albuquerque.Photographer: Simon Wohlfahrt/Bloomberg

The European Union has decided to delay the application of tougher capital requirements for banks’ trading businesses as the bloc is concerned about the industry’s competitiveness.

The regulation known as Fundamental Review of the Trading Book will be pushed back by one year to the start of 2027, a European Commission spokesperson said in response to questions from Bloomberg. It’s the second such delay.