New European Union laws to drive banks to strengthen capital cushions will be unveiled in October, the Financial Times has learnt, as EU member states intensify a regulatory assault aimed at preventing a repeat of the global financial crisis.

The new shape of regulation

This FT table details changes proposed by regulators and governments in the US and European Union in five key areas.

A draft report expected to be backed by EU finance ministers in Brussels onTuesday says that there is a “strong case” for curbing existing rules on banks' funding needs, which critics say exacerbate the ups and downs of economic cycles.