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
Joining European banking supervision is a key milestone, say Martina Drvar and Radoslav Milenkov who represent Croatia and Bulgaria, respectively, on the Supervisory Board. The Newsletter also looks at good governance in times of crisis, the impact of the crisis on small banks, and Brexit.
Banks are changing from shock amplifiers to shock absorbers thanks to the banking union, says Supervisory Board Chair Andrea Enria. However, capital and liquidity remain trapped within national borders. We try to counter ringfencing until European deposit insurance materialises.
Banks should be proactive in their credit risk management, says Supervisory Board member Kerstin af Jochnick. She also talks about the supervisory relief measures, banks’ lacklustre use of buffers, and the supervisory impact of the coronavirus crisis.
Presentation by Edouard Fernandez-Bollo, Member of the Supervisory Board of the ECB, at a virtual meeting of the Working Group Financial Services by Kangaroo Group
Conversation between Kerstin af Jochnick, Member of the Supervisory Board of the ECB, and Tim Adams, President and CEO of the Institute of International Finance (IIF), at the IIF 7th Annual European Banking Union Colloquium
Keynote speech by Elizabeth McCaul, Member of the Supervisory Board of the ECB at the European Institute of Financial Regulation (EIFR) Webinar on “Banking Supervision in Europe: a US perspective”
Transcript of Q&A session following a fireside chat with Yves Mersch, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at an online UBS event on the European economic and policy outlook, conducted on 30 October 2020
Interview with Yves Mersch, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, conducted by Kai Johannsen and published on 21 November 2020
Interview with Andrea Enria, Chair of the Supervisory Board of the ECB, by Yasmin Osman and Kathrin Jones, conducted on 5 October 2020 and published on 12 October 2020
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.
Blog post by Kerstin af Jochnick, Member of the Supervisory Board of the ECB
Summary
How do we ensure that supervision remains effective during the crisis, and which aspects will be crucial in determining the shape of the EU banking sector in the medium term? These are the key questions supervisors must now answer, writes Supervisory Board member Kerstin af Jochnick.
Blog post by Édouard Fernandez-Bollo, Member of the Supervisory Board of the ECB
Summary
As the ECB publishes its draft Guide on consolidation in the banking sector, Supervisory Board member Edouard Fernandez-Bollo explains in his blog post the key aspects of how the ECB assesses consolidation projects involving euro area banks.
Our banking supervision portal is live! It offers a single point of access for external users to use our online services to initiate supervisory processes or exchange documents with ECB staff. Further services will be added as they become available.
