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Cross-border banking groups see EU revamp rules for oversight bodies

By Fanny Roux ( April 25, 2025, 08:26 GMT | Insight) -- The European Commission adopted an enforcement regulation concerning the functioning of oversight bodies supervising cross-border banking groups in the European Economic Area. The text will be published in the Official Journal of the EU in a few months if the European Parliament and the Council of the EU, representing member states, do not raise any objections.The European Commission adopted an enforcement regulation Wednesday, which updates the bloc’s framework of oversight bodies for cross-border banking groups. ...

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