Brussels, 19/10/2015 (Agence Europe) - The president of the supervisory council at the ECB, Danièle Nouy, believes that the national options and margin for discretion built into the European banking prudential rules will make life harder for the supervisors.
“These numerous options for member states and also the flexible implementation of many articles in the Capital Requirement Directive make it very hard to achieve a full Single Rule Book, and the ECB, as a supervisor, may need to...