Senior ECB figure calls for risk-based deposit insurance
The creation of a cross-border bank deposit insurance scheme in the European Union would not lead to stronger national banking systems subsidising weaker ones, a senior regulator argued in a speech in Brussels on April 11.
Countries opposing moves towards a European deposit insurance scheme, or EDIS, should rethink their beliefs, said Pentti Hakkarainen, a member of the European Central Bank’s (ECB) supervisory board.
“A few member states” of the EU oppose moves towards an EDIS due to fears
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com