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EU Said to Plan Releasing Stress Tests When Markets Closed

The European Union’s top securities regulator is recommending the release of the bank stress-test results at night or on a weekend when global stock markets are closed, according to a person familiar with the situation.

The European Securities and Markets Authority wrote to the European Banking Authority, the London-based EU agency carrying out the tests, calling for publication of results while markets are shut, said the person, who declined to be identified because the talks are private. While a date for the results hasn’t been set, regulators expect them to be released in mid-July, the person said.