ECB Urges EU to Protect Banking Resilience
European Central Bank and Single Resolution Board officials warned EU lawmakers that upcoming banking regulation reforms must preserve financial resilience and international standards. They emphasized the need for a common deposit insurance framework and flexible capital flows.
European regulators warned lawmakers that any revisions to regional banking rules must preserve financial stability and maintain strict international standards. The guidance arrives as the European Commission reviews potential deregulation to boost the sector's competitive standing. Maintaining institutional resilience remains critical for preventing future financial contagion across the bloc.
