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Europe Daily Bulletin No. 11671

19 November 2016
Contents Publication in full By article 14 / 30
ECONOMY - FINANCE - BUSINESS / Ecb
Court of Auditors highlights lack of staff for European banking supervisor
Brussels, 18/11/2016 (Agence Europe)

The body of the ECB responsible for directly supervising more than 130 major European banks does not have enough staff, the European Court of Auditors (ECA) said on Friday 18 November, in an audit report marked by the ECB's refusal to cooperate.

"We found that a complex supervisory structure was put in place relatively quickly. The new supervision mechanism was set in place in only 13 months, and about 1,000 new staff were recruited", said Neven Mates, member of the European Court of...

Contents

SECTORAL POLICIES
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
CULTURE - SPORT
BREACHES OF EU LAW
COUNCIL OF EUROPE
NEWS BRIEFS
CALENDAR