European Central Bank @ecb@respublicae.eu
Unofficial automated mirror. No copyright asserted. ∎ The European Central Bank is the central bank for Europe's single currency, the euro. Its main task is to maintain the euro's purchasing power.
Joined Apr 2022
Financial institutions need to manage biodiversity risks just like any other material risk they face, says Supervisory Board Vice-Chair @FrankElderson in a video address at @CBD_COP15. And as their supervisors, we will make sure that they do https://www.bankingsupervision.europa.eu/press/speeches/date/2022/html/ssm.sp221214~60ebafadbf.en.html
Supervisory Board Chair Andrea Enria today met with Germany’s Federal Financial Supervisory Authority @BaFin_Bund management and staff. Acknowledging successful cooperation and expertise-sharing, he stressed the importance of pursuing common goals together.
📷Matthias Sandmann
The outlook for less significant institutions remains challenging. Continued uncertainties are hampering the adjustments necessary for sustainable profits. As banks may face significant volatility, supervisors need to take a flexible approach.
Read more https://www.bankingsupervision.europa.eu/ecb/pub/html/LSIreport/ssm.LSIreport2022~aac442c1a3.en.html
RT @FrankElderson: 🧵The @NGFS_ turns 5!
2017🍃We started the Network for Greening the Financial System with just 8 central banks and supervisors to develop climate and environmental risk management and more in the financial sector.
With 121 members, we’ve come a long way!
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Today the @NGFS_ turns 5!
The network is key in deepening and broadening our knowledge on how climate change affects the financial system and the economy.
Only together can central banks and supervisors worldwide do their part in the fight against climate change #ProudToBeNGFS
RT @NGFS_: The #NGFS turns 5 today!
In 5 years, the Network has grown to now 140 members and observers.
Congratulations to all of them for this fantastic journey and the numerous achiev…
What will our banking supervisors focus on in the next three years? Are banks ready for the economic challenges?
Host @katieranger_ talks to Supervisory Board member Kerstin af Jochnick and supervisor Mario Quagliariello on #TheECBPodcast https://pod.link/1481819425/episode/5efa6c5131872e6a80da6012cde2e8ac
High uncertainty calls for extreme prudence by both banks and supervisors, say Supervisory Board member Kerstin af Jochnick and Supervisory Strategy and Risk Director Mario Quagliariello. We stand ready to adapt our priorities if needed.
Read more https://www.bankingsupervision.europa.eu/press/blog/2022/html/ssm.blog221212~52bd154288.en.html
We’ve set our supervisory priorities for 2023-2025.
They aim to ensure banks:
- remain resilient to shocks
- address digitalisation effectively and strengthen their management
- step up efforts to address climate and environmental risks
Read more https://www.bankingsupervision.europa.eu/banking/priorities/html/index.en.html
RT @ESRBofficial: 🧵Resilience is key in helping the financial system to deliver on its goal of supporting the real economy, ESRB Chair Christine @Lagarde says in a video address at our #AnnualConference https://www.esrb.europa.eu/news/speeches/date/2022/html/esrb.sp221208~6434a7d3dd.en.html
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🧵 Crypto-assets have become the bubble of a generation, says Executive Board member Fabio Panetta at the @LBS's Insight Summit 2022.
Crypto-assets are not money. Many are just a new way of gambling
https://www.ecb.europa.eu/press/key/date/2022/html/ecb.sp221207_1~7dcbb0e1d0.en.html
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We are not calling for the implementation of Basel III just for the sake of compliance; we are doing so because it is the best way to guarantee the safety and soundness of our banks, says Supervisory Board member Elizabeth McCaul.
Read the full speech https://www.bankingsupervision.europa.eu/press/speeches/date/2022/html/ssm.sp221206~4b3db654e4.en.html
We have launched a long-term partnership with the
@EUI_FBF_School to deliver specialised training for all European banking supervisors. The programme will better prepare supervisors for new risks, in line with our supervisory priorities.
Find out more https://www.bankingsupervision.europa.eu/press/pr/date/2022/html/ssm.pr221206~648a78d36b.en.html
What do consumers in the euro area expect will happen to inflation, their incomes, their spending and the value of their homes 12 months from now? We’ve published the latest results of our Consumer Expectations Survey.
Press release https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.pr221207~cda8f02f9f.en.html
How will we boost our cooperation as a step towards integrated reporting by banks? We outlined our strategy in a joint workshop with @EBA_News, attended by 250 participants from European authorities and the banking industry.
Find out more https://europa.eu/!B4BG3g
RT @EBA_News: 📃Collaboration is key in the way forward towards integrated reporting!
Full house yesterday in the joint workshop organised by #EBA and @ecb with authorities and the banking industry, sett…
🧵 Our latest survey on the access to finance of enterprises shows business activity continued to recover between April 2022 and September 2022, despite surging energy and labour costs
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In his interview with @MilanoFinanza, Chief Economist Philip R. Lane provides his latest assessment of the economic outlook and the ECB’s monetary policy.
Read the full interview https://www.ecb.europa.eu/press/inter/date/2022/html/ecb.in221206~983021fb66.en.html
Are cyberattacks a threat to financial stability? Why do hackers target financial institutions?
Our host @katieranger_ unpacks this topic with financial stability expert @JohnPCFell on #TheECBPodcast.
Tune in https://pod.link/1481819425/episode/367327237cad1734e537e96ea1681621
The sixth @ESRB #AnnualConference will take place on 8 December.
Policymakers, central bankers and academics will discuss policy challenges in the current macro-financial environment, as well as technological innovation and systemic risk.
Follow live https://www.esrb.europa.eu/news/schedule/2022/html/20221208_6th_annual_conference.en.html
We are looking for recent graduates with postgraduate degrees, preferably PhDs, to apply for our Graduate Programme in Economics by 3 January 2023.
The two-year programme offers you the opportunity to gain work experience in different areas of the ECB https://talent.ecb.europa.eu/careers/JobDetail/Economist-Graduate-Programme-2023/6813
Today our Chief Economist Philip R. Lane met with a group of young researchers at @EUI_EU to talk about key issues in economics and careers in the field.
He really enjoyed getting to know the next generation of economists!
Unofficial automated mirror. No copyright asserted. ∎ The European Central Bank is the central bank for Europe's single currency, the euro. Its main task is to maintain the euro's purchasing power.
Joined Apr 2022
