The Chair of the ECB's Single Supervisory Mechanism (SSM), Andrea Enria, came to present his priorities to the European Parliament's Committee on Economic and Monetary Affairs (ECON) and once again stressed the need to prepare for Brexit.
“We have also been continuing to monitor banks’ preparedness for Brexit, as the likelihood of a no-deal scenario remains a concern for us (…) Banks should now speed up the implementation of their Brexit plans so as to be fully prepared in the event of...