Bundesbank's Lautenschläger welcomes SSM

bankensymposium-lautenschlaeger

Sabine Lautenschläger, deputy president of the Deutsche Bundesbank, has confirmed she is "convinced of the advantages" of Europe's incipient single supervisory mechanism (SSM), even though she is "in favour of a different legal basis" that would "simplify matters a lot given the now very complex SSM governance structure".

Addressing a conference of the European Supervisor Education Initiative last week in Frankfurt, Lautenschläger said she is looking forward to "even closer cooperation in the

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