The Supervision Blog
Providing insights on supervising Europe’s biggest banks
The Supervision Blog is where ECB staff and Supervisory Board members offer insights into the workings of the banking sector, incorporating data, analysis and research.
8 May 2024
You have to know your risks to manage them – banks’ materiality assessments as a crucial precondition for managing climate and environmental risks
Materiality assessments are not just a “nice to have” – knowing your risks is a precondition for being able to address them. Most banks have now drawn up materiality assessments that are in line with our supervisory expectations. This is good news, but it is only the first step. A great deal more work lies ahead. By the end of this year, we expect all banks under our supervision to be fully aligned with all our supervisory expectations on the sound management of C&E risks.
Read more8 July 2022
A catalyst for greening the financial system
The ECB is reducing the carbon footprint in its portfolio and pushing banks to better manage climate risks. Within our mandate, we incorporate climate change considerations into our monetary policy and banking supervision, say Frank Elderson and Isabel Schnabel.
15 June 2021
ECB Banking Supervision seeking greater diversity within banks
Diversity in leadership is crucial for effective governance, say Vice-Chair Frank Elderson and Supervisory Board member Elizabeth McCaul. A richer set of knowledge, experiences and values results in better decision-making and greater efficiency in the way banks operate.