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
23:03
Meteorologists announce strong winds in 13 counties and a significant cooling, with rain and snowfall in the mountains until Thursday
22:57
Zelensky and Trump have agreed to meet in New York / “The meeting could change many things”
22:44
Traian Băsescu defends Siegfried Mureșan and rejects accusations that the MEP was a German spy
22:32
Claudiu Manda announces that the PSD will not vote for the Siegfried Mureșan government and criticizes the statements made by the candidate for the position of prime minister
22:17
Russia’s Electoral Commission reports more than 1,000 DDoS attacks on infrastructure involved in the parliamentary elections
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
