EBA prepares for impact of single supervisory mechanism
The European Banking Authority (EBA) has published its 2012 Annual Report, detailing rapid growth throughout the year to cope with a broader remit and adapt to working with the single supervisory mechanism (SSM) in the eurozone.
Adam Farkas, the EBA's executive director, said the organisation's head count nearly doubled over the year, forcing a restructuring of the management that saw a new ‘middle management' layer added and more pressure on facilities. "We have now reached a certain stability
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