ECB consults on closing bank loopholes

Graham Bippart

November 11, 2015 02:30 pm

ECB 230x150 euro sculpture — Euro-Sculpture in front of ECB in Frankfurt am Main, Hesse, Germany Photo by: Daniel Kalker/picture-alliance/dpa/AP Images | Daniel Kalker/Daniel Kalker/picture-alliance/dpa/AP Images

The European Central Bank is working to close 122 loopholes available to national regulators that could allow regulatory arbitrage by banks between the 19 countries in the eurozone.

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Graham Bippart