SSM results could come out early if severe weaknesses are found
Assessment disclosure will follow pre-released template
Sabine Lautenschläger, member of the executive board of the ECB and vice-president of the supervisory board overseeing the single supervisory mechanism (SSM), today said the results of the comprehensive assessment of the health of the eurozone's banks could be released early in the case of individual banks where "severe weaknesses" are uncovered.
Addressing the Expansión – 5th Financial Event today in Madrid, Lautenschläger said that although the ECB has "expressed our preference for a single
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