On Monday 15 May, the European Central Bank (ECB) published its guide on assessing the integrity and aptitude of banks' top management.
“Assuring the quality of banks' top management is crucial to ensure their stability, as well as that of the banking system as a whole”, an ECB press release reads. Although banks are primarily responsible for appointing their own senior management, it is up to the ECB, as single supervisor in the framework of banking union in the Eurozone, to assess...