The EBA issued yesterday afternoon a statement by the EBA Chairperson Enria, which has been circulated to major international media and newswires.
OCTOBER 10, 2013
The EU Commission and the ECB have also been informed. Following yesterday’s publication of an FT article about the possible treatment of the LTRO in future EU-wide stress tests, please find below a statement just released by the EBA’s Chairperson, Andrea Enria: “The EBA has not discussed the treatment of the LTRO in any future stress test and does not see its role in making assumptions about possible monetary policy actions. We are currently developing the methodology for the next round of stress tests in 2014 and working closely with the ECB to develop an appropriate approach. As yet, no final decisions on methodological aspects have been made”