Brussels, 06/01/2016 (Agence Europe) - The European Central Bank takes the view that the risk associated with the business model and profitability of banks is the greatest, ahead of the risk associated with the adequacy of own funds, it explained on 6 January, when publishing its priorities for the year 2016.
The five prudential priorities for 2016, which take account of the evaluation of the main risks facing banks in the current environment, therefore mainly concern the risk related to the business model and profitability of banks, followed by credit risk, capital adequacy, risk governance and data quality and liquidity.
The ECB explains that a number of supervisory initiatives will be carried out for each of the priorities. Full implementation may, in some cases, take more than one year. It may be necessary to adapt the supervisory activity to the specific risk profile of each credit institution, the Frankfurt-based institution goes on to explain. (Original version in French by Elodie Lamer)
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