ESRB discusses regulatory division of labour; names external experts


Senior European central bankers met in Frankfurt on Friday to discuss how regulatory responsibilities should be split under the Union's new supervisory architecture.

The general board of the European Systemic Risk Board (ESRB), the Union's macroprudential regulator, met at the European Central Bank's (ECB) headquarters to discuss how the regulator would work in tandem with other supervisory authorities to fulfil its duties set out under European Union law.

The board explored the role that it cou

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