The number of significant institutions that will be directly supervised by the European Central Bank (ECB) from 1 January 2019 stands at 119 following the annual review of significance and ad hoc assessments. The changes in significance statuses are the result of new group structures, license withdrawals, mergers and other developments. Several large banking groups have also relocated their activities to the euro area. This has increased the overall complexity and size of directly supervised banks.

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