Tuesday , October 19 2021

The ECB has chosen a new Banking Supervision Guide


The ECB has approved the appointment of A. Enri since next year for bank supervision.

Enrique will take over Daniel Nouy and lead the Joint Monitoring Mechanism (BPM), which will ensure the surveillance of 118 euro area banks. 21 trillion The European banking sector is still recovering from the global financial crisis and faces new challenges in terms of technological development.

A. Enria has been chairman of the European Banking Authority (EBA) since 2011. Former Italian banker A. Enria is known as politically neutral. A. Enria repeatedly opposed the very widespread use of loans to small businesses in their native Italy.

Although the ECB's governing bodies are secret, Reuters sources say that Enriot was supported by central banks in Italy and other southern European countries, which do not agree with Stonest S. Donnery's policy against Cyprus, Greece, Portugal and Italy.

"If the European Parliament and the Council of the European Union approve the appointment of A. Enria, he will start steering the Banking Supervisory Committee from 2019 onwards. January 1," said the ECB's report.

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