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EU Chief Rejects Banks’ Bid to Split Reform Package in Two
Source: Bloomberg
Regulation & LegislationBanking & LiquidityCapital Markets
EU financial services commissioner Maria Luis Albuquerque rejected banks' request to split the bloc's broad plan to strengthen its financial system into two parts. The decision preserves the integrated approach to financial-sector reform, though it may face resistance from banks seeking a more phased implementation.
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