{"id":138520,"date":"2025-03-26T09:05:48","date_gmt":"2025-03-26T07:05:48","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/yleinen\/ecb-pushes-back-against-calls-for-looser-bank-rules\/"},"modified":"2025-03-26T09:05:48","modified_gmt":"2025-03-26T07:05:48","slug":"ecb-pushes-back-against-calls-for-looser-bank-rules","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/yleinen\/ecb-pushes-back-against-calls-for-looser-bank-rules\/","title":{"rendered":"ECB pushes back against calls for looser bank rules"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/138520\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>The European Central Bank has pushed back against calls to loosen rules for eurozone banks despite fears they could fall behind US rivals if President Donald Trump implements major deregulation. Patrick Montagner, one of the ECB\u2019s banking regulators, told AFP in an interview that financial watchdogs \u201cmust always take a prudent approach to banking\u201d. \u201cThe banking sector can, by its very nature, cause a lot of instability,\u201d said Montagner, whose watchdog oversees more than 100 of the euro area\u2019s biggest lenders, from Deutsche Bank to BNP Paribas and UniCredit.<\/p>\n<p>Trump\u2019s return to the White House has fuelled expectations among major US banks of lighter regulation, and he is seen as likely to scale back the confrontational approach of Joe Biden\u2019s administration. Changes are already afoot. Last week Trump tapped Michelle Bowman to be the Federal Reserve\u2019s top banking regulator, choosing a vocal critic of efforts to impose tougher rules in response to the 2007-2009 global financial crisis.<\/p>\n<p>Such moves in the world\u2019s top economy will likely fuel calls for deregulation from European lenders, who had already been complaining frequently that stricter rules were undermining their ability to compete with US peers. But Montagner said that if calls for \u201csimplification\u201d of regulations effectively meant \u201cremoving certain rules to the detriment of the resilience of the banking system, this does not align with our approach\u201d.<\/p>\n<p>The member of the ECB\u2019s Supervisory Board pointed to the \u201cmassive cycle of deregulation\u201d from the late 1990s to the mid-2000s, which ultimately triggered the \u201cglobal shock\u201d of the financial crisis. The crisis began with a collapse of the US housing market, followed by the failure of banks and other businesses, and ultimately a major global downturn that the world economy took years to recover from. Still, Montagner conceded it was ultimately not his call to set rules for the eurozone banking system \u2014 that is up to European lawmakers.<\/p>\n<p><a rel=\"noopener\" href=\"https:\/\/www.digitaljournal.com\/world\/ecb-pushes-back-against-calls-for-looser-bank-rules\/article\">Read more&gt;&gt;<\/a><\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.digitaljournal.com\/world\/ecb-pushes-back-against-calls-for-looser-bank-rules\/article\">DJ<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/yleinen\/154683\/\">ECB pushes back against calls for looser bank rules<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22,1],"tags":[1545,18346,606,607,608,655],"class_list":["post-138520","post","type-post","status-publish","format-standard","hentry","category-news","category-yleinen","tag-ecb","tag-looser-bank-rules","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien","tag-yleinen"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/138520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=138520"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/138520\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=138520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=138520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=138520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}