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
11:47
Firefighters in Iași extinguished a fire that broke out in the load of a waste collection truck
11:35
Ursula von der Leyen, proposal for Canada to become the EU’s first “associated member”
11:35
Romanian firefighters have completed their mission in Greece. They are returning home after more than a month of operations to combat wildfires.
11:24
US prosecutors accuse five Russian agents of recruiting people for assassinations and acts of sabotage in Europe and the United States
11:23
Saudi Arabia accuses Houthi rebels of launching a drone toward Mecca
See more news