On Tuesday 1 April, Dominique Laboureix, who chairs the ‘Single Resolution Board’ (SRB), the European authority responsible for resolving large failing banks within the banking union, warned against a regulatory simplification exercise that would ultimately lead to deregulation.
“We’re ready to analyse what to do to simplify our framework but not ready to deregulate, to lower the bar”, at a time of increased volatility on the markets, he told a number of journalists, including...