Brussels, 25/02/2015 (Agence Europe) - The president of the Supervisory Council of the Single Supervisory Mechanism (SSM) at the ECB, Danièle Nouy, feels that the European legislator may need to be mobilised to increase the level harmonisation of the definitions of bank capital.
“It's not so much about how much [capital there is], it's about the definition of the capital. There are too many, in my view, national options in the definition of capital in Europe and we have to address...