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Europe Daily Bulletin No. 10330

8 March 2011
GENERAL NEWS / (eu) eu/banking
Increased supervision for undertakings that only just pass “stress tests”

Brussels, 07/03/2011 (Agence Europe) - Banks that only just pass the European stress tests may be subject to increased supervision. In an interview to the Financial Times on Monday 7 March, Andrea Enria, the president of the European Banking Authority (EBA), stated: “What I would very much like to see is not a simple pass-fail outcome to these tests - if you pass, nothing to be done, if you fail, you have to raise capital by that amount. It would be nice to have supervisory actions also...

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