Corep and Finrep: data overload?


Ask 28 people from different countries to sit in a room and describe, in their own languages, intricate details of their banking systems and, without a gifted linguist, even the most brilliant of financial minds will struggle to make sense of it. Ask everyone to communicate in a common language – say, English – and the points of similarity and difference will become much clearer; the problems easier to identify and to resolve.

That’s pretty much what has been happening with the reporting of

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