Eurozone should re-think stress tests, Enria says
Top ECB supervisor suggests splitting tests to make them simpler and less costly
The ECB’s top banking regulator said it must re-think how it conducts stress tests for the eurozone’s biggest lenders.
Andrea Enria told an audience in Frankfurt on September 26 that “it is time to rethink the design of stress tests”.
Since 2011, the ECB has been working with the European Banking Authority and national supervisors to stress test the largest eurozone banks on a regular basis. Before taking the lead role at the ECB’s supervisory arm, Enria headed the EBA, which creates the
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