ECB to crry out regular AQR and stress tests

FXStreet (Łódź) - Danièle Nouy, President of the Supervisory Council at the ECB, said at conference in Dublin today that the central bank would carry out regular asset quality review and stress tests of Eurozone banks.

She assured that the preparations for launching the supervision procedures were soon to be completed, despite the “unprecedented magnitude” of the operation. 14,000 people have applied for the 800 supervisor posts.

Nouy suggested that there was enough liquidity in the markets, should banks want to raise more capital ahead of AQR.