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Image header Agence Europe
Europe Daily Bulletin No. 10710
Contents Publication in full By article 15 / 41
ECONOMY - FINANCES / (ae) banking

Draghi says bank supervision system to take more than a year

Brussels, 15/10/2012 (Agence Europe) - The European Central Bank (ECB) does not believe the new eurozone bank supervision system will be fully operational on 1 January 2013. ECB head Mario Draghi said at the IMF/World Bank meeting in Tokyo on Saturday 13 October that a common eurozone bank supervisory system is scheduled to come into force on 1 January 2013, but that didn't mean it would actually be operational on that date, because it will take more than a year to bring it fully on...

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