The European Banking Authority (EBA) today revealed that it will delay its European Union (EU) stress testing exercise until 2014, allowing time for national supervisors to complete reviews of bank asset quality and for the single supervisory mechanism (SSM) to be introduced.
The EBA said "appropriately reviewed balance sheets" are a "key input" of stress tests, which was a factor behind the decision to wait until next year. Some national supervisors have already begun assessing the quality of t
- Central bank digital currency a ‘terrible idea’, US Congress told
- People: Olli Rehn enters office as Bank of Finland governor
- Podcast: David Vines on how to reform the DSGE model
- Infrastructure financing not harmed by post-crisis reforms – FSB
- Trump criticises Fed over rate rises and threatens higher tariffs