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
17:16
Victor Negrescu invites Siegfried Mureșan to the PSD headquarters: “Let him admit that his aggression towards the social democrats was wrong”
17:12
Greenpeace accuses Moscow of sabotaging the Zaporizhzhia plant’s power supply to blame Ukraine
17:04
Saudi Arabia suspends crude oil deliveries to European refineries next month following attacks on oil pipelines
17:02
BREWTIFI, a Romanian application in the coffee industry, reaches a valuation of 1.6 million euros
16:51
The National House of Public Pensions states that the estimate according to which approximately 2.2 million pensions were calculated incorrectly does not result from the individual verification of all files.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
