ECB takes over supervision of largest EU investment firms

The European Central Bank, Frankfurt

The European Central Bank is now directly supervising the European Union’s largest investment firms, with the new regime coming into effect on June 26.

The ECB said it will regulate “systemic” investment firms, which EU law defines as having “bank-like risks” and more than €30 billion ($35.8 billion) in assets. These firms will have to apply to the ECB for a banking licence. The ECB suggested large firms should “reach out to their supervisors to start a dialogue on the transition to the new

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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 here: