ECB calls for European supervision of funds
Tweet
Share
E-mail
Vice-President of the European Central Bank (ECB) Luis de Guindos listens during a news conference at ECB headquarters in Frankfurt, Germany December 13, 2018. REUTERS/Kai Pfaffenbach
FRANKFURT (Reuters) - Investment funds should be supervised at a European, rather than national levels, because a crisis there would be felt across the region, the vice president of the European Central Bank said on Friday.
"We should consider elevating the supervision of investment funds and the potential activation of macroprudential tools to the European level," De Guindos told an academic conference.
(Reporting By Francesco Canepa)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Exclusive-ZTE among Chinese firms licensed to purchase Nvidia's H200 chips, documents show
- Portugal seeks high-value data centres, not to become Europe's dumping ground
- Mexico files criminal complaints in US over migrant deaths in custody
Create E-mail Alert Related Categories
ReutersRelated Entities
European Central BankSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
