Disharmony threatens EU regulation, says EBA’s Enria

Andrea Enria
Andrea Enria

One of Europe's top regulators has criticised the way the EU goes about drafting banking regulations, warning a failure to properly harmonise rules is undermining Europe's banking union.

Andrea Enria, the chairman of the European Banking Authority (EBA), pointed to numerous weaknesses in the 'single rule book', supposedly a set of unified and universally applicable rules for Europe's banks, in a speech at the University of Padua on September 28.

In remarks that were part an assault on the

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