On July 17, 2014, the ECB published a note on the process for disclosure of results of the Comprehensive Assessment, including the templates showing how the results will be presented, and an update of progress made in the asset quality review and stress test exercise. The results of the Comprehensive Assessment will be published in October. The ECB is conducting a Comprehensive Assessment of 128 banks incorporated in countries within the SSM before it assumes its supervisory role under the SSM in November this year.
The note is available at:
http://www.ecb.europa.eu/press/pr/date/2014/html/pr140717.en.html.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
