HELSINKI Feb 12 Banking supervision rules in
Europe are likely to become more uniform over time even if there
is more than one supervisor, the head of the European Banking
Federation (EBF) said on Tuesday.
Christian Clausen, president of the EBF and also chief
executive of Nordea, said rules should become more
harmonious over time, even with decisions such as Sweden's to
remain outside the European Central Bank's supervision of banks.
"Our wish is to see convergence, in rules and in enforcement
of rules ... and ECB supervision over some years," Clausen told
journalists on the sidelines of a banking regulation conference
"Even if some countries stay out (of the single supervisory
mechanism), we will still have convergence," he added.
Clausen also said the risk picture in Europe had changed
dramatically and that first steps to returning to economic
growth had been taken.
(Reporting by Sakari Suoninen and Ritsuko Ando; Editing by