The European Central Bank’s new task force sounds ambitious: unify and simplify banking regulations across Europe. But there’s a real tug-of-war happening behind the scenes. The ECB’s supervisory division is pushing back hard, worried that political interests could weaken the entire regulatory framework. 🏛❗️
Every financial shake-up begins quietly, with “small adjustments.” Right now, those adjustments are happening at the top levels of Europe’s central banking system. 🧩
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