ECB’s Nouy says policymakers must reform banking governance

Only half of supervisors carry out ex-ante ‘fit and proper’ assessments, Nouy says

daniele-nouy-2
Danièle Nouy

Eurozone policymakers need to improve the regulations governing the managers of banks “as soon as possible”, the senior supervisor of the European Central Bank said.

Three main areas of the capital requirements directive need reform, Danièle Nouy told a seminar to mark the retirement of Jan Sijbrand, the Netherlands Bank’s head of supervision.

“All fit and proper assessments should be carried out ex-ante, that is before the candidate is appointed and takes up the new function,” Nouy said on

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 copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.