ECB's Lautenschlaeger says here and there we hear stakeholders are promising banks fast licences; we are cautious

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27 March 2017

ECB's Lautenschlaeger says here and there we hear stakeholders are promising banks fast licences; we are cautious

No news from U.S colleague on Basel
If bank wants to move back-to-back, it will have to be more urgent
Some will take months, some may even take 1 or 2 years
Phase-in periods depend on risk, information
We probably will have many banking groups coming in due to Brexit

ECB's Nouy: if needed to use tools, we won't be shy

Bank of England FPC: overall level of risk to UK financial stability "broadly unchanged" since november meeting”

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