Eurozone needs major resolution reforms, Enria says

ECB supervisor says policy-makers should create new tools to deal with medium-sized banks

Andrea Enria
Andrea Enria
Photo: Philippe Bussin/European Parliament

Andrea Enria, the European Central Bank’s senior banking supervisor, has called for major reforms to the way the European Union deals with failing banks.

The head of the ECB’s single supervision mechanism said policy-makers had assumed that in most cases, small and medium-sized banks “would not raise concerns for financial stability”. They assumed these banks “could be dealt with under ordinary liquidation procedures at the national level”, he said in a speech in Frankfurt on January 15.

“Howe

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

Most read articles loading...

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

.