Brussels, 02/07/2014 (Agence Europe) - In a special report published on Wednesday 2 July, the European Court of Auditors endorses the European Banking Authority's bank surveillance while stressing the limits of its mandate.
The European Court of Auditors says that introducing banking union, which will involve the European Central Bank assuming direct supervision of big eurozone banks in November this year, will deal with the shortcomings noted in cross-border surveillance and convergence of...