EU banking watchdog proposes ‘less prescriptive’ stress tests
22 January 2020 - 22:51
London — Stress testing of banks in the European Union to check their ability to withstand market shocks without taxpayer help should be eased to cut bank costs, the EU’s banking regulator proposed on Wednesday.
The European Banking Authority (EBA) proposed a new framework that would allow banks to publish their own results of the stress test alongside the EBA’s. Only one set of results are published now...
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