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EU banks' information systems in spotlight as EBA prepares for crisis valuation

( March 10, 2020, 15:22 GMT | Official Statement) -- MLex Summary: EU banks should have high-quality internal information systems to ensure they can be quickly valued in the event where they must be restructured under crisis-resolution procedures, the European Banking Authority has said. In non-binding guidelines, the EBA proposed a common dictionary for describing assets and liabilities....

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