ECB Requests Greater Say in Bank Capital Requirements
The ECB has urged EU lawmakers for more authority over bank capital rules to improve coordination. The move aims to help European banks compete globally.
Xurve View
Xurve View
The European Central Bank (ECB) has formally requested that European Union lawmakers grant it greater oversight regarding the capital requirements of banks. This move, announced on Tuesday, aims to allow the central bank to better identify regulatory overlaps and blind spots, including those currently managed by national authorities.
