Comment: ECB on banking in the EU

The ECB recently published its annual report on EU banking structures, outlining the main developments in the sector in 2004 and the first half of 2005. The report identifies a number of important structural developments that are of great importance for European financial regulators.

COMMENT BY CENTRALBANKNET

Hardly surprisingly, the report says the main regulatory initiatives under discussion over this period were the adoption of a new set of international financial reporting standards (IFRS) and

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