ECB's Enria promises greater transparency on bank decisions

FILE PHOTO: Andrea Enria, chairperson of the European Banking Authority, speaks at Reuters Summit interview in London, Britain, September 25, 2017. REUTERS/Afolabi Sotunde - Copyright AFOLABI SOTUNDE(Reuters)

By Reuters

Published on 07/03/2019 - 10:04•Updated 04/05/2024 - 20:50

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FRANKFURT (Reuters) - The European Central Bank's supervisory arm should be more transparent in the key decisions it makes, such as how much capital a bank should hold, its new chief Andrea Enria said on Thursday.

"I have heard some calls for more clarity and predictability with regard to our assessments," Enria said. "I think we should listen to such requests and... why not specify which risk drivers guide our overall decision, for instance?"

(Reporting By Francesco Canepa)

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Iranian carpet shop owner Ali Faez works at his shop at the traditional bazaar of the city of Kashan, about 152 miles (245 km) south of the capital Tehran, Iran.

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ECB's Enria promises greater transparency on bank decisions

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