Four of the leading central bankers of the European Union called on the blockage of the block to simplify the regulations, which, according to commercial banks, are increasingly putting them at a disadvantage over international competitors.

A “comprehensive analysis” of the requirements could help ensure a “equal scope of competition”, the European Commission commanders of the Central Banks of Spain, Germany, France and Italy in a letter seen by Bloomberg.

The arrival of the Trump government in the US has encouraged financial executives worldwide to demand the removal of regulations in force after the 2008 financial crisis. Although central bankers said they are not requesting deregulation, their letter is likely to be used As an argument by politicians who claim that banking regulations have become so complicated that they limit economic growth.

“We believe that priority should now be a holistic evaluation of the rules applicable to European banks,” Jose Luis Eskriva, Joachim Nagel, Fabio Panetta and François Vilua de Galo.

Bank of Spain officials, Bundesbank, Bank of Italy and Banque de France refused to comment. The committee did not respond immediately to comment requests.

The evaluation will serve to identify “sectors where the European framework is overly complicated and can create distortions in international competition, without any significant benefit for financial stability,” they wrote.

More stable and predictable frame

The evaluation should include the so -called levels of 2 and 3 standards, which are drawn up by supervisory authorities instead of legislators, “to ensure that they do not add cumulative inadvertent levels of rules and expectations,” the central bankers said.

The evaluation should cover the micro -macrovary, and consolidated frameworks and could also consider the “multiplication of additional regulatory rules” that may prevent a stable, predictable and simpler framework, they added.

Bloomberg News said earlier this month that the governments of Germany, France and Italy are intensifying their pressure to revise weaknesses in the European banking sector.

Commercial banks have called on the committee to go even further, with some lobby groups demanding a “moratorium” in the regulation.

Central bankers have argued that the simplest rules are also in the interest of security.

“Financial stability requires a clear, predictable and analog regulatory framework, and the decisive and rational actions to simplify the regulations would help to effectively apply these rules,” the governors wrote.