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The EU will delay the implementation of Basel market risk rules by a year to January 2026, benefiting the bloc's lenders. Swiss banks like UBS are also pushing for a postponement of global capital rules for their trading businesses.
UBS is among the Swiss banks that are pressing the government to postpone global capital rules for their trading businesses https://t.co/WpfoWQequQ via @business
UBS is among the Swiss banks that are pressing the government to postpone global capital rules for their trading businesses https://t.co/A82pA21XRy
EU to delay Basle bank trading reforms as US revisits plans https://t.co/mIlQuSsFLp