ECB Warns of Slow SRT Approvals if Banks Don’t Keep Them Simple

Lenders looking to offload credit risk to investors via deals backed by insurers may face a longer wait for approval as the European Central Bank steps up scrutiny of the...

By Nicholas Comfort and Esteban Duarte · Bloomberg Markets

Lenders looking to offload credit risk to investors via deals backed by insurers may face a longer wait for approval as the European Central Bank steps up scrutiny of the opaque trades.