14th January 2016-The EACB welcomes the event organized at the European Parliament by P. Lambert, MEP to present the Banking Business Model Monitoring in the wake of the implementation of the Single Resolution Mechanism.
The analysis elaborated by the International Research Center on Financial Cooperatives (IRCCF) and CEPS (Center for European Policy Studies) shows how important it is to take into account the diversity of ownership structures in banking within the regulatory and supervisory European and international framework.
Speaking at the event, Mr. Herve’ Guider, EACB General Manager, stated : “The business model perspective is key not only in academic research”. “Considering the business model’s specificities allows to design rules that are fit to purpose and not detrimental to the real economy” – he continued. “ Business models should be factored throughout supervision, regulatory practices and approaches, as well as in recovery and resolution strategies”, he concluded.