• ECB's Lautenschlaeger: there will be a transitional period in which new euro area entities might use internal models that have not yet been approved by the ECB

Noticias del mercado

22 marzo 2017

ECB's Lautenschlaeger: there will be a transitional period in which new euro area entities might use internal models that have not yet been approved by the ECB

  • The transitional period will cease as soon as we have approved or rejected the bank's model application

  • Eurogroup head Dijsselbloem's comments on southern countries were "wrong"

  • We are aware that it is a burden for UK banks to apply for a new licence in the EU

  • With a view to internal models, we would aim to be accommodating regarding the timing

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