- FTT shouldn’t hamper monetary policy transmission
- ECB shares only some objectives of FTT
- Banking union should facilitate monetary policy transmission
- Banking union remains open to all EU members
- Data applied to all ABS should be improved
- Calls for revised rules on SMe securitisation
Yves Mersch speaking at a conference in Luxembourg. Hopefully the push for the FTT will see increased business coming into the UK from Europe, unless our saps give in and run with it too.
