Bundesbank’s Dombret wants more ‘proportional’ supervisory teams
Executive board member looks back on six months of banking union
The organisation of joint supervisory teams (JSTs) in the eurozone should better reflect the size and significance of the banking groups they oversee, according to Deutsche Bundesbank executive board member Andreas Dombret.
JSTs have been responsible for the day-to-day supervision of significant banks in the region since the Single Supervisory Mechanism (SSM) was launched in November, and Dombret is concerned about their workload.
"Past experience has shown that JST workloads often exceed
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