Date: 24th May 2016
Author: BETTER FINANCE, BETTER FINANCE

A report by Bruegel on transparency in the European Banking Union, based on a survey carried out in 2013, has recently been revisited by its authors, analysing the most recent evolution in terms of banking supervisory transparency. The updated report concludes that financial supervisory data transparency at the EU level has gradually improved but does nothing to offset the gradually worsening transparency shortcomings at the level of EU Member States.