We are always working to improve this website for our users. To do this, we use the anonymous data provided by cookies. Learn more about how we use cookies
We are always working to improve this website for our users. To do this, we use the anonymous data provided by cookies. Learn more about how we use cookies
Supervisory relief measures have created capital space for banks to adopt tailor-made debt restructuring measures, says Supervisory Board Chair Andrea Enria. Acting early is good for banks and borrowers. If banks “wait and see” this could lead to bankruptcies at a later stage.
We are taking on new supervisory tasks in the area of securitisation. They relate to risk retention, transparency and the ban on re-securitisation. This helps in implementing the regulatory framework for a well-functioning securitisation market.
Our sanctioning powers help to ensure that banks comply with regulatory requirements, say Supervisory Board member Edouard Fernandez-Bollo and Director General Pedro Gustavo Teixeira. This in turn creates confidence in the soundness of the banking system.
Keynote speech by Frank Elderson, Vice-Chair of the Supervisory Board and Member of the Executive Board of the ECB, at the conference on “The Role of Banks in Greening Our Economies” organised by the European Bank for Reconstruction and Development and Hrvatska narodna banka
Interview with Andrea Enria, Chair of the Supervisory Board of the ECB, conducted by Véronique Chocron on 10 February 2021 and published on 1 March 2021
Blog post by Edouard Fernandez-Bollo, Member of the Supervisory Board of the ECB, and Pedro Gustavo Teixeira, Director General SSM Governance and Operations
Summary
Our sanctioning powers help to ensure that banks comply with regulatory requirements, say Supervisory Board member Edouard Fernandez-Bollo and Director General Pedro Gustavo Teixeira. This in turn creates confidence in the soundness of the banking system.
Blog post by Elizabeth McCaul, Member of the Supervisory Board of the ECB
Summary
Strong credit risk management to avoid bad loans piling up now will maximise value, avoid cliff effects and reduce the risk of procyclical effects, writes Supervisory Board member Elizabeth McCaul. Inaction would disrupt the supply of credit and liquidity and delay the recovery.
By Andrea Enria, Chair of the Supervisory Board of the ECB, and Edouard Fernandez-Bollo, Member of the Supervisory Board of the ECB
Summary
We need to foster the integration of cross-border banking groups to ensure that timely liquidity support is provided within them, Andrea Enria and Edouard Fernandez-Bollo say in our latest blog post. To achieve this, recovery plans could be strengthened by using group support agreements.
By Andrea Enria, Chair of the Supervisory Board of the ECB
Summary
Euro area banks are resilient to the stress caused by the coronavirus crisis, our analysis shows. The assessment of the results justifies our decision to extend our dividend recommendation. Supervisory Board Chair Andrea Enria also clarifies the timeline for banks to replenish capital and liquidity buffers.
Blog post by Yves Mersch, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB
Summary
The ECB will continue to engage with all banks affected by Brexit to ensure that they achieve their target operating models in a timely manner, says Supervisory Board Vice-Chair Yves Mersch. We will not accept banks attempting to operate as empty shells.
How can we as a central bank contribute to tackling climate change? What's our role as a central bank and supervisor?
Our new host Katie Ranger discusses these questions with Executive Board member Isabel Schnabel and Supervisory Board Vice-Chair Frank Elderson on The ECB Podcast.
Our online supervisory services are just a few clicks away! Use the banking supervision portal to launch and follow supervisory processes online, to exchange content with ECB staff, or to report a suspected breach of EU banking supervision law through the whistleblowing platform.
