Euro authorities flounder on covered bonds
Representatives of the European Commission and the European Central Bank at the European Covered Bond Council’s plenary session in Paris were left struggling to define who would be responsible for a covered bond bank on issuer insolvency under the Single Supervisory Mechanism, only a week before the new regulatory framework is due to get final approval from the European Parliament.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: