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European Central Bank Vice President Luis de Guindos has called for critical assessment of Europe’s financial regulatory framework to reduce complexity and administrative burdens. The proposed reforms aim to enhance industry efficiency while preserving financial stability and international standards compliance.
In a significant policy address, European Central Bank Vice President Luis de Guindos has emphasized the urgent need for regulatory simplification within Europe’s financial sector. Speaking at a high-level meeting in Brussels, the senior official outlined a vision for reducing bureaucratic complexity while maintaining the region’s commitment to financial stability and international standards.
