那些标准甚至比巴塞尔资本协议II的还更松弛；欧洲银行就一直遵照这些标准，一直到按揭证券上的损失完全抵销了它们资产负债表上的普通股资本时为止。

Those guidelines were even more lax than those of Basel II, with which European Banks were compliant right up until losses on mortgage securities wiped their balance sheets clean of equity capital.

youdao

那些标准甚至比巴塞尔资本协议II的还更松弛；欧洲银行就一直遵照这些标准，一直到按揭证券上的损失完全抵销了它们资产负债表上的普通股资本时为止。

Those guidelines were even more lax than those of Basel II, with which European Banks were compliant right up until losses on mortgage securities wiped their balance sheets clean of equity capital.

youdao