The European Central Bank (ECB) will streamline approvals for bank takeovers and annual valuations, but will not implement radical regulatory changes
Ana-Maria Tapescu
Economy
Foto: shutterstock.com
Always see our news on Google
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
Latest News
15:30
Violent protests in Europe have also spread to Switzerland
15:09
Radu Miruță: “Dominic Fritz remains the USR leader until 2029”
14:54
Andrés Ritter takes over leadership of the European Public Prosecutor’s Office; Kövesi warns of risks to the institution’s independence
14:46
Ciara Mageean, the European 1,500-metre champion, has died at the age of 34 after a battle with bowel cancer
14:39
Marc Marquez won the Malaysian Grand Prix and moved closer to his eighth MotoGP world title
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
