ECB scraps 40 supervisory publications in simplification push
Revised guidelines should make bank’s expectations clearer, says vice-chair of its supervisory board
The European Central Bank has completed a review of its supervisory guides and discontinued 30% of them amid its push for simplification.
In a press release today (June 26), the ECB said it had assessed all supervisory guides, reports, letters and methodologies available on its website, totalling around 130 documents.
The bank said it had identified around 40 documents that were “outdated, superseded or no longer relevant”, and which it had therefore discontinued.
The ECB had also revised some
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