ECB Restructures To Strengthen Banking Supervision

Law360, London (July 29, 2020, 3:31 PM BST) -- The European Central Bank said Wednesday that it is overhauling its supervision arm for the first time since 2013 in order to strengthen its oversight of the bloc's banks.

The ECB said that it plans to change the organizational structure of its supervisory arm by creating two additional departments that will concentrate on regulating risks at banks. One of the new departments will concentrate on supervising risk at banks according to their business models. The other will oversee the strategies that lenders have put in place on-site to manage risks.

The central bank said it has decided to reorganize its supervisory...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Related Sections

Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!