Pop Sondrio might face regulatory headwinds in 2023, CFO says

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 7 (Reuters) - Banca Popolare di Sondrio CFO Massimo Perona says in a call with analysts:
* BANCA POPOLARE SONDRIO CFO: IT IS POSSIBLE THAT THE BANK WILL EXPERIENCE A REGULATORY HEADWINDS IN 2023 RELATED TO THE EBC REVIEW OF THE INTERNAL MODELS
* BANCA POPOLARE SONDRIO CFO: WE HAD AN EBC INSIGHT INSPECTION RELATED TO INTERNAL MODELS. WE DO NOT YET KNOW WHAT THE OUTCOME WILL BE
* POPOLARE SONDRIO CFO: A REGULATORY HEADWIND IN 2023 CAN BE OFFSET WHEN ECB WILL VALIDATE THE EXTENSION OF INTERNAL MODELS IN 2024 Further company coverage:

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