EU delays bank risk capital framework by three years, awaiting US, standards

The European Commission will delay the introduction of a new market risk capital framework for banks for three years to see how the U.S. and Britain implement the same international standards, it said on Thursday.

The framework is part of the Fundamental Review of the Trading Book (FRTB) and the global Basel III banking standards that are to strengthen risk measurement in banks’ trading and make sure their capital accurately reflects the risks they take.