The Bank of Italy late on Friday said it was launching a conversation on the plan
PHOTO
The Bank of Italy plans to introduce for banks operating in the country a capital requirement to address systemic risk, it said on its website.
The systemic risk buffer would amount to 0.5% of relevant exposure by the end of this year, with another 0.5% to be added by June 30, 2025, it said.
The Bank of Italy late on Friday said it was launching a conversation on the plan.
(Reporting by Valentina Za, editing by Giulia Segreti)
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
