The regulator is calling for increased oversight of the EU’s largest asset managers, highlighting risks from their size, concentration and cross-border reach.
The European Central Bank (ECB) is calling for a more integrated supervisory framework for Europe’s largest asset managers, highlighting potential risks from the sector’s increasing size, concentration and cross-border activity. The ECB is advocating for a more integrated EU supervisory framework for the largest asset managers In a blog post ( Why we need an EU perspective in the supervision of large asset managers ) authored by senior ECB staff, the bank notes that the 10–