|
|
The European Central Bank is stepping up scrutiny of global investment banks’ risk management within the region to ensure they’re not relying on London units even after Brexit, according to people familiar with the matter.
The ECB and national regulators are taking a granular look at where banks have key staff and book trades in order to ensure that risks related to European Union clients are accounted for in the bloc rather than slipping from their oversight, said the people, who asked to remain anonymous as the matter is private....
more at Bloomberg