In a significant development, the European Union’s banking watchdog stated, starting from next year banks in the Eurozone would have to publish a pathbreaking “green asset ratio” (GAR) as a core measure of their climate-friendly business activities. With investments in… Read More ›
European Banking Authority
EU finance ministers reject easing out liquidity rules for trading in bullion in Basel III
Basel III regulations are slated to come into force in 2022. While he London Bullion Market Association (LBMA) wants the net stable funding ratio (NSFR) to be at the 50% mark, EU finance ministers want it secured at 85%, to… Read More ›
Brexit reversible: European Parliament
For Brexit to be Brexit, Britain will have to first settle its bills, cross guarantee citizen’s rights, and accept the European Court of Justice as the final authority in all legal matters till it exits the bloc. With British Prime… Read More ›