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145 new news items in the last 24 hours
11 June 15:00

The European Central Bank (ECB) will streamline approvals for bank takeovers and annual valuations, but will not implement radical regulatory changes

Ana-Maria Tapescu
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Economy
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Claudia Buch, chair of the ECB's supervisory board, announced that the European Central Bank will cut red tape in the approval process for share and bond purchases, but will not significantly deregulate the banking sector. It will also simplify annual evaluations of banks, with improvements expected over the next three years. Buch emphasized that no abrupt changes will be made, and global Basel III regulations will be delayed until 2027.

Sources

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Profit.ro
BCE anunță reducerea birocrației pentru bănci
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Economica
BCE spune că va reduce birocrația pentru bănci, dar acestea nu pot aștepta dereglementări majore
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Financial Intelligence
BCE anunţă reducerea birocraţiei pentru bănci

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ECB bureaucracy creditors regulations major changes

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