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The European Banking Authority (EBA) this week published the results of an impact study to assess how Europe's banks will fare under the new global capital standards known as Basel IV.
Basel IV was agreed by global banking rule-setters (the Basel Committee on Banking Supervision, or BCBS) in December 2017. It is a package of measures that changes the way banks calculate how much capital they need to cover risks in their balance sheets, partly in response to lessons learned during the 2008 financial crisis. It