EBA says it can't answer Banco BPM's query on 'Danish Compromise' use
Published by Global Banking & Finance Review®
Posted on March 27, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on March 27, 2025
1 min readLast updated: January 24, 2026
The EBA cannot address Banco BPM's query on using the Danish Compromise for its Anima Holding purchase, citing the need for more detailed analysis.
MILAN (Reuters) - The European Banking Authority (EBA) said it was not able to answer a query by Banco BPM on whether the Italian bank could tap favourable capital rules for insurance holdings to its proposed purchase of Anima Holding.
The EBA said in a document on its website the 'Q&A' tool Banco BPM had used to raise the query was not suitable for an issue which required more in-depth consideration.
(Reporting by Valentina Za, editing by Gianluca Semeraro)
The main topic is the EBA's inability to address Banco BPM's query on the Danish Compromise related to Anima Holding.
The Danish Compromise refers to favorable capital rules for insurance holdings that Banco BPM seeks to apply.
The EBA states that the query requires more in-depth consideration beyond the scope of their Q&A tool.
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