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Europe Daily Bulletin No. 11327

4 June 2015
ECONOMY - FINANCE - BUSINESS / (ae) ecb
New rules shortly to avoid conflicts of interest

Brussels/Valencia, 03/06/2015 (Agence Europe) - The European Central Bank (ECB) will “shortly” come up with updated rules to minimise conflicts of interest.

The head of the ECB, Mario Draghi, commented on the Coeuré episode: “That was a mistake. We should avoid any situation of conflict of interest. We will modernize our rules, we shortly will come up with new rules.”

In the middle of May, Benoît Coeuré, member of the ECB's Executive Council, told a group of sovereign fund...

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