Nouy sets out SSM priorities for 2015

Danièle Nouy

Danièle Nouy set out the priorities for the Single Supervisory Mechanism (SSM) in 2015 today, in a public hearing with the Economic and Monetary Affairs Committee of the European Parliament.

Presenting the first annual report of the SSM – covering the period from November 4, 2013, to December 31, 2014 – Nouy stressed it was "well-prepared and ready to live up to" its objectives.

Under the SSM, the European Central Bank (ECB) is responsible for the direct supervision of 123 banks in the eurozone.

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