Financial Services Financial Services

Macro-prudential tools for non-bank financial institutions would be welcome, ECB’s Buch says

By Jean Comte
  • 21 Mar 2024 09:53
  • 21 Mar 2024 09:53
Claudia Buch, the chair of the European Central Bank's Single Supervision Mechanism, today voiced support for macro-prudential tools for non-bank financial institutions, or NBFIs, during a hearing at the European Parliament.
"We need more tools to address systemic risk issues in the non-bank sector. Europe is moving toward macro-prudential tools; this

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