If you want to know more on this topic: In her new policy brief on “precautionary recapitalisations”, our expert Paulina Przewoska explains why there is still a risk that the public will have to bail out some banks. Download the policy brief to read her views on what can be done to protect taxpayers.
See also our press release on 29 October 2014: “EU bank stress tests and AQR show the need for a binding leverage ratio, says Finance Watch”
Before the ECB takes over its new role as single supervisor for the biggest European banks in November 2014, it has completed a comprehensive assessment of 130 significant banks. The results of this one-year-testing were announced on Sunday, 26 October.
For all who want to know how the stress tests actually work and what their implications might be, Finance Watch has organized a webinar including a live Q&A session, hosted by Paulina Przewoska (previously Head of Unit at the Polish Financial Supervision Authority).
Online - Finance Watch contact@finance-watch.org aDFdtugMkzeEXUhHCmVG49806