European Central Bank Press Release
Governing Council endorses recommendations of High-Level Task Force on Simplification, which include:
- reducing the number of elements in the risk-weighted and leverage ratio framework
- introducing a materially simpler prudential regime for smaller banks, which expands on the existing EU regime
- introducing a European governance mechanism that takes a holistic view of the overall level of capital
- finalising the savings and investment union – including completion of the banking union – to foster cross-border integration and allow for more efficient capital markets
Link:
Press Release: Governing Council proposes simplification of EU banking rules (December 2025)