ECB Gives Banks More Time to Prepare for Planned Investigations

The European Central Bank plans to give lenders more advanced notice of their inclusion in thematic reviews and investigations, amid a broader effort to ease regulatory pain points for the industry.

Banks currently get individual supervisory examination plans for a given year in the first months of that year. Going forward, the ECB plans to inform them already before the end of the prior year, giving them more time to prepare, according to people familiar with the matter.

An ECB spokesperson declined to comment on the new timeline.

As the advent of the Trump administration heralds a regulatory rollback in ...