Buch: geopolitical risk is ‘our new business as usual’
ECB supervision chief tells EU parliament there is no trade-off between growth and effective supervision
The chair of the European Central Bank has told members of the European parliament (MEPs) that effective supervision remains crucial against a backdrop of increased geopolitical risk.
Claudia Buch was answering questions from parliamentarians following the publication today (March 27) of the bank’s annual report on supervisory activities. In her foreword, Buch wrote that: “Robust regulatory standards and effective supervision help to ensure that banks remain sound and stable in a challenging
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