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SPEECH

Taking governance to the next level

Banks need good governance and a sound risk culture to take the right decisions, says Supervisory Board member Anneli Tuominen. We are clarifying our expectations as supervisors, sharing good practices and working with banks to address long-standing weaknesses.

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THE SUPERVISION BLOG 25 April 2024

Updating the Magna Carta of supervision

To keep banks safe in the face of all material risks, the Basel Core Principles for Effective Banking Supervision have been revised to acknowledge the relevance of climate change, business model sustainability and operational resilience, says Supervisory Board Vice-Chair Frank Elderson.

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CALL FOR INTEREST 27 March 2024

ECB representatives to the Supervisory Board

We are seeking candidates of recognised standing and experience in banking and financial matters for the position of ECB representative to the Supervisory Board. The closing date for applications is 17 April 2024.

Vacancy announcement
QUIZ 30 March 2024

Quiz: Fit and Proper Assessment

How many banks does the ECB supervise? Who manages those banks? And who assesses whether they are fit for the job? Put your knowledge to the test and complete our latest Kahoot! quiz on fit and proper assessments!

Play now
24 April 2024
SPEECH
Keynote speech by Anneli Tuominen, Member of the Supervisory Board of the ECB, at the joint European Central Bank/European University Institute seminar “Governance and risk culture: going forward by looking back”
12 April 2024
SPEECH
Keynote speech by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the Delphi Economic Forum IX
27 March 2024
SPEECH
Remarks by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at an event on climate-related financial risks hosted by the Banco Central do Brasil
22 March 2024
SPEECH
Welcome address by Claudia Buch, Chair of the Supervisory Board of the ECB, at “The Future of Digitalization and Finance” symposium, organised by Deutsche Bundesbank
21 March 2024
HEARINGS AT THE EUROPEAN PARLIAMENT
Introductory statement by Claudia Buch, Chair of the Supervisory Board of the ECB
28 March 2024
Interview with Anneli Tuominen, Member of the Supervisory Board of the ECB, conducted by Isabella Bufacchi
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18 March 2024
Interview with Claudia Buch, Chair of the Supervisory Board of the ECB, conducted by Martin Arnold
26 February 2024
Article by Elizabeth McCaul, Member of the Supervisory Board of the ECB, for Revue Banque
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21 February 2024
Interview with Claudia Buch, Chair of the Supervisory Board of the ECB, Supervision Newsletter
20 February 2024
Contribution by Anneli Tuominen, Member of the Supervisory Board of the ECB, for Eurofi Magazine
25 April 2024
Supervisors from around the world have revised the Core Principles for Effective Banking Supervision. Supervisory Board Vice-Chair Frank Elderson explains how this will make the global banking system safer and help supervision keep pace with our rapidly changing world.
15 March 2024
By Elizabeth McCaul, Member of the Supervisory Board of the ECB
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Summary
This blog post explains how the ECB is ramping up its efforts to become an even more effective supervisor in risk data aggregation and risk reporting (RDARR), an area where many banks have failed to fully address their weaknesses to date.
23 January 2024
The misalignment with the EU climate transition pathway can lead to material financial, legal and reputational risks for banks. It is therefore crucial for banks to identify, measure and − most importantly − manage transition risks, just as they do for any other material risk writes Frank Elderson, member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB.
16 January 2024
Blog post by Kerstin af Jochnick, Member of the Supervisory Board of the ECB, and Mario Quagliariello, Director of Supervisory Strategy and Risk
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Summary
Our supervisory priorities for 2024-26 clearly reflect the new and persistent risks that banks are facing. In this blog post, Kerstin af Jochnick and Mario Quagliariello highlight our key priorities, plan of action and expectations for banks.
10 October 2023
Blog post by Elizabeth McCaul, Member of the Supervisory Board of the ECB, and Korbinian Ibel, Director General of Universal & Diversified Institutions
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Summary
Ever since it began supervising banks, addressing the issue of non-performing loans (NPLs) has been a key priority for the ECB and remains so today. That is why we are very concerned about legislative proposals which could undermine the effective resolution of NPLs, Elizabeth McCaul and Korbinian Ibel write.

Statistics on supervised banks

Significant institutions (01/3/2024) 112
Total assets (€ bn) 25,946.84
Total equity (€ bn) 1,769.17
Return on equity
(%, annualised)
9.31
Reference date: 2023-Q4 Supervisory data

Liquidity coverage ratio

Non-performing loans ratio

Excluding cash balances at central banks and other demand deposits
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