SSM sets out supervisory priorities for 2016

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SSM chair Danièle Nouy

The single supervisory mechanism (SSM) laid out its regulatory priorities for 2016 in a statement today (January 6). Business model and profitability risk, the SSM said, is the largest of the "key risks" confronting the banks it supervises.

The statement set out in more detail the SSM's intention to carry out "thematic reviews" of key risk areas, set out last year by its chair Danièle Nouy. The SSM identified five categories of what it called "high-level priorities" for banking supervision

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