March 13, 2024 (NO COMMENTS)

Two European Union regulatory watchdogs will soon take the first step in reviewing capital requirements set for proprietary trading groups, buy-side firms, and broker-dealers that do not have a banking licence. A spokesperson at the European Banking Authority confirms to that they intend to publish a discussion paper for consultation in April “if there are no more delays”.

The review has been long awaited by principal trading firms (PTFs), but many doubt regulators will make significant