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
20:37
The state of alert, extended in Slobozia and four other localities, amid the water supplier’s lack of authorization
20:28
The Trump administration spent $9.5 billion on paid leave granted to federal employees
20:24
Italy’s government will abolish the vehicle tax from 2027 for 14.5 million vehicles
20:19
Rafael Nadal will play in front of the public again on October 3 at his academy in Manacor
20:09
Foreign Ministry investigates closure of Romanian-language class in Ukraine / Odesa Consulate to discuss the case on September 18
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
.webp)
