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EBA left in dark about KTB Bank ruling after court mixup, watchdog's minutes show

By Jack Schickler ( June 17, 2021, 13:18 GMT | Insight) -- EU financial watchdogs were left blindsided in a case relating to the collapse of Bulgaria’s KTB Bank, it has emerged, when an apparent communications error by the EU Court of Justice led to a European Banking Authority decision being struck down without the regulator’s knowledge.EU financial watchdogs were left blindsided in a case relating to the collapse of Bulgaria’s KTB Bank, it has emerged, when an apparent communications error by the EU’s highest court led to a European Banking Authority decision being struck down without the regulator’s knowledge. ...

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