Nouy sees need for rethink of reporting systems
European reporting framework for all banks should be considered, senior ECB official says
Danièle Nouy has called for new thinking to deal with major changes in the way eurozone supervisors collect and use data from financial institutions.
The financial world would have to deal with "structuring the upcoming paradigm shift away from mainly providing aggregated data", she told an audience in Frankfurt on July 6.
Banks would instead be "providing much more micro data that have multidimensional uses in a single process". That could only be achieved by a "fundamental rethink of the
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