The European Commissioner for Financial Services, Mairead McGuinness, said that completing the Banking Union in the euro area was becoming “harder as time passes”, on Thursday 23 September, at a conference organised in Frankfurt by Freshfields Bruckhaus Deringer and the Institute for Law and Finance.
Acknowledging that the Covid-19 pandemic had set other policy priorities, Ms McGuinness noted that if a “more typical” financial crisis were to occur, the exceptional level of public...