EACT Letter to Basel Committee on Changes to Leverage Ratio Framework

The EACT has addressed a letter to the Basel Committee on Banking Supervision concerning the ongoing review of the leverage ratio.

The letter discusses the impact of the leverage ratio on cash pooling structures commonly used by non-financial companies and request the Committee to reconsider the rules so that these companies can continue to use both notional and physical cash pooling solutions.

Click here to read the full letter on the EACT website.