Mario Centeno, a member of the European Central Bank Governing Council, has expressed concerns about the potential consequences of the United States abandoning enhanced bank capital rules. He emphasized the importance of Europe adhering to Basel III regulations and stated that they should be implemented unless proven counterproductive.

Centeno's remarks underscore the risks associated with deviating from established banking standards, particularly in light of the U.S. discussions around regulatory changes. He cautioned against Europe following a similar path and emphasized the need for robust capital frameworks to maintain financial stability.