ECB's Liebscher calls for c.bank supervisory role

- Central Banking staff
- 21 Mar 2001

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SPEECH - European Central Bank council member Klaus Liebscher called on Mar 21, 2001 for Europe's national central banks to continue to play a key role in banking supervision, saying their close contact with commercial banks helped to prevent crises. The Austrian National Bank Governor said international financial crises of recent years had shown the importance of close central bank involvement in supervision.

His comments in a speech in Vienna followed news on Mar 20 that the ECB had sent a

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