Core Viewpoint - The European Central Bank (ECB) Governing Council member, Rehn, stated that while simplifying banking regulations is possible, it is crucial to avoid loosening oversight; capital buffers can enhance banks' resilience against risks [1] Group 1 - Simplification of banking regulations is a potential action that could be taken by the ECB [1] - The importance of maintaining robust regulatory frameworks to ensure financial stability is emphasized [1] - Capital buffers are highlighted as a means to strengthen banks' ability to withstand financial shocks [1]