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
19:13
Donald Tusk warns that Poland must be prepared for any scenario following Russian attacks near the border
19:01
Csoma Botond (UDMR): We are trying to find a majority for Mr. Mureșan, and this can only be with the PSD
18:55
Mircea Abrudean welcomes Siegfried Mureșan’s designation as prime minister by Nicușor Dan
18:44
PPC intends to acquire Flanco as it expands into the retail of electro-IT products and energy solutions
18:31
The Ukrainian Embassy is examining the closure of the Romanian-language class in Orlivka, just four days after it opened
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
