EACB Press Release : EACB calls on EBA to continue positive momentum on proportionality

Brussels, 30 October 2013 – The EACB, representing the interests of 4,000 co-operative banks, warmly welcomes the EBA’s efforts to identify specific proportionality measures which it could apply in its regulatory work. “The EBA workshop held on 22 October was the right way to set the focus on proportionality. The EACB and its members provided many suggestions and concepts on how to effectively apply proportionality. We now expect that the EBA will pick up on the spirit of this debate and translate it into its regulatory work.”, said Hervé Guider, General Manager of the European Association of Co-operative Banks in Brussels. For the full Press Release, please download the PDF.