ECB Says It Will Heed New Regulator’s Warnings

28 Sep 2010

Vitor Constancio, v.p. of the European Central Bank, said it will heed risk warnings from the newly created European Systemic Risk Board, even though the agency has no formal enforcement authority.

Vitor Constancio, v.p. of the European Central Bank, said it will heed risk warnings from the newly created European Systemic Risk Board, even though the agency has no formal enforcement authority. Constancio said the ESRB, which is set to begin operating Jan. 1, would create a table that ...

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