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EU bank authorities need more leeway over 'macroprudential' rules, Lautenschläger says

( February 15, 2018, 17:20 GMT | Official Statement) -- MLex Summary: Banking regulators should have more freedom in how they apply rules such as capital add-ons against wider economic risks, with an ability to more quickly impose measures, said Sabine Lautenschläger of the European Central Bank executive board. Lautenschläger, who is also vice chair of the ECB’s banking supervisory arm, also backed Dutch proposals to tighten limits on mortgage loans amid worries about a property bubble in the country.The following is the text of the prepared remarks, as published by the ECB....

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