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EU banks see bail out fund head warn against deregulation

By Fanny Roux ( April 1, 2025, 15:43 GMT | Insight) -- The chair of the Single Resolution Board, Dominique Laboureix, said that policymakers should be careful not to weaken the rules regulating what happens when a bank fails. He said these were important to preserve stability and protect taxpayers' money. His remarks come as the financial services industry and some governments are pushing for a simplification of EU financial services rules. The chair of the EU bailout fund cautioned against easing the resolution framework in the name of simplification, stating that such actions would not support financial stability or protect taxpayers' money....

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