ECB's Lautenschlaeger: Should prepare for a change in ECB policy

Sabine Lautenschläger, a member of the executive board of the European Central Bank, in an interview with the CNBC said that they should prepare for a change in ECB policy.

Key quotes (via CNBC)

• Banks leaving the UK must fulfill ECB requirements
• German market highly competitive for banks
• Hope to finalize Basel III this year