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Highlights: FSB issues report on non-bank financial intermediation. ESMA agrees MoUs for no-deal Brexit, and issues statement on the use of UK data in ESMA’s databases. ECB issues statement on liquidity risk analysis, and results for 2018 stress test. Council and EP agree on measures for investment fund market and rules for…

The European Banking Authority (EBA) published on Friday 1st of July a clarification on the use of the 2016 EU-wide stress test results in the SREP process.

The stress test of Greek banks, recently published, have shown a disturbing image of these institutions: they are a patient in critical condition, but can be traced.