ECB appoints supervisory heavyweights to new review board

European Central Bank

Former deputy governors from France and Spain are among the five people appointed to the European Central Bank's administrative board of review today – the body tasked with handling complaints from banks about the single supervisory mechanism (SSM).

The board will be responsible for carrying out, on request, independent internal administrative reviews of the supervisory decisions taken by the ECB, once the SSM launches later this year.

The members will determine whether the decision in question

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