European Central Bank’s Post

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We have an extensive supervisory toolkit that we are willing to use, says Supervisory Board Vice-Chair Frank Elderson. The use of supervisory powers in a proportionate manner to get banks to address weaknesses is not a nice-to-have - it is international best practice to keep banks safe and sound. Read the speech https://lnkd.in/e78X4BcJ

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Yes, Mrs. McCaul, i fully agree. ‘….supervisory…in a propriate manner…’. As to that point one should not be narrow minded regarding just one major field of interest (business), but other relevant factors (which are not always obvious af first sight) as well, to really get to the persued goal. Sure, might not be easy, but it s a need to really succeed.

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