ECB flags banks' business model as key risk area; eases focus on capital

January 6, 2016 9:26 AM

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ECB flags banks' business model as key risk area; eases focus on capital

FRANKFURT Europe's top banking supervisor will prioritise risks associated with banks' business model over capital adequacy this year, it said on Wednesday, signalling its intention to move away from an era where capital levels were at the top of regulators' agenda.

The European Central Bank's Single Supervisory Mechanism, which supervises the euro zone's largest banks, outlined its priorities for the year.

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