European Central Bank @ecb@respublicae.eu

Within the EU, branches and subsidiaries of non-EU banks face a different regulatory and supervisory treatment.
To ensure a level playing field and strong supervision, we will work even more closely with affected national supervisors.
Read more
https://www.bankingsupervision.europa.eu/press/publications/newsletter/2024/html/ssm.nl240221_3.en.html

[2024-02-21 10:00 UTC]

People leading banks must have relevant, up-to-date knowledge of ICT and security risks arising from digitalisation.
Supervisors will assess expertise of banks’ management bodies in these areas, in line with our new policy, as of March 2024.
Read more
https://www.bankingsupervision.europa.eu/press/publications/newsletter/2024/html/ssm.nl240221_2.en.html

[2024-02-21 09:45 UTC]

Banks increasingly rely on outsourcing, including from providers based outside the EU.
To ensure they can operate smoothly and remain resilient, banks need to improve management of their outsourcing risks.
Read more
https://www.bankingsupervision.europa.eu/press/publications/newsletter/2024/html/ssm.nl240221.en.html

[2024-02-21 09:30 UTC]

Lack of progress on banking union is becoming more costly, says Supervisory Board Chair Claudia Buch.
In our Supervision Newsletter, she reflects on the need to advance integration to strengthen financial supervision and crisis management.
Read more
https://www.bankingsupervision.europa.eu/press/interviews/date/2024/html/ssm.in240221~6e7e9ea86c.en.html

[2024-02-21 09:15 UTC]

Supervisory Board Chair Claudia Buch reflects on the challenges banks face.
Our latest edition also covers banks’ outsourcing risks, a new policy to manage ICT and security risks, and the need for better data on environmental, social and governance
https://www.bankingsupervision.europa.eu/press/supervisory-newsletters/html/index.en.html

[2024-02-21 09:02 UTC]

To cement the resilience of our banking system, we must foster the creation of a truly integrated banking market, refine our crisis management framework and address gaps in our macroprudential framework, says Supervisory Board member Kerstin af Jochnick.
https://www.bankingsupervision.europa.eu/press/interviews/date/2024/html/ssm.in240220_2~4bebf579a2.en.html

[2024-02-20 09:54 UTC]

How did the euro area current account balance evolve in December? How does it compare with the same month a year earlier? Find out more in the press release
https://www.ecb.europa.eu/press/pr/stats/bop/2024/html/ecb.bp240220~625de75d37.en.html

[2024-02-20 09:02 UTC]

Banks with a wide variety of business models have not adequately addressed identified shortcomings, says Supervisory Board member Edouard Fernandez-Bollo.
To do so effectively, they should build on standards tailored to their specific situations
https://www.bankingsupervision.europa.eu/press/interviews/date/2024/html/ssm.in240220_1~36eeb144c5.en.html

[2024-02-20 08:30 UTC]

The impact of a disorderly transition on carbon-intensive sectors poses challenges for banks and the economy, says Supervisory Board member Edouard Fernandez-Bollo.
Banks must speed up efforts to implement their climate and environmental risk strategies
https://www.bankingsupervision.europa.eu/press/interviews/date/2024/html/ssm.in240220~e5cde4c874.en.html

[2024-02-20 08:20 UTC]

We need to be able to deal more effectively with the failure of smaller and mid-sized banks, says Supervisory Board member Anneli Tuominen.
The crisis management and deposit insurance proposal is a welcome step in the right direction
https://www.bankingsupervision.europa.eu/press/interviews/date/2024/html/ssm.in240220_4~587cc11dd1.en.html

[2024-02-20 08:10 UTC]

Cross-border cyber risks are on the rise, says Supervisory Board member Anneli Tuominen. The Digital Operational Resilience Act (DORA) aims to keep banks resilient in the face of these risks.
https://www.bankingsupervision.europa.eu/press/interviews/date/2024/html/ssm.in240220_3~243251dfe9.en.html

[2024-02-20 08:02 UTC]

Live now: President Christine
https://nitter.cz/Lagarde
speaks before the Committee on Economic and Monetary Affairs of the
https://nitter.cz/Europarl_EN
and answers questions from its members.
Follow here
https://multimedia.europarl.europa.eu/en/webstreaming/econ-committee-meeting_20240215-0900-COMMITTEE-ECON
https://nitter.cz/EP_Economics

🐦🔗: https://nitter.cz/ecb/status/1758038443588780329#m

[2024-02-15 08:00 UTC]

President Christine
https://nitter.cz/Lagarde
: Inflation fell to 2.8% in January after rebounding in December.
Core inflation is also declining, but its services component has been showing signs of persistence.

🐦🔗: https://nitter.cz/ecb/status/1758044347793068352#m

[2024-02-15 08:23 UTC]

Lagarde: The euro connects us as euro area citizens and delivers three key benefits: simplicity, stability and sovereignty.
Over the last 25 years, it has repeatedly demonstrated its resilience and reliability in the face of significant challenges.

🐦🔗: https://nitter.cz/ecb/status/1758045949266481168#m

[2024-02-15 08:29 UTC]

Our policy measures are making a substantial contribution to ensuring inflation returns to our 2% medium-term target, says Vice-President Luis de Guindos.
While inflation is on the right track, we need to keep a close eye on the risk factors at play.
https://www.ecb.europa.eu/press/key/date/2024/html/ecb.sp240214~3397307c2b.en.html

🐦🔗: https://nitter.cz/ecb/status/1757684675613528499#m

[2024-02-14 08:34 UTC]

Chief Economist Philip R. Lane discussed the economic outlook and inflation in an interview with
https://nitter.cz/rtve
.
Watch the interview (in Spanish)
https://www.rtve.es/play/videos/la-tarde-en-24h/economista-jefe-del-bce-descarta-bajar-tipos-ya-pero-alerta-contra-hacerlo-demasiado-tarde/15968935/

🐦🔗: https://nitter.cz/ecb/status/1757702015382069489#m

[2024-02-14 09:43 UTC]

Roses are red
Violets are blue
We're nearing our target
And we will reach 2
https://nitter.cz/search?q=%23ValentinesDay

🐦🔗: https://nitter.cz/ecb/status/1757713417597514110#m

[2024-02-14 10:28 UTC]

Tune in at 9:00 CET to watch President Christine
https://nitter.cz/Lagarde
speak before the Economic and Monetary Affairs Committee of the
https://nitter.cz/Europarl_EN
and answer questions from its members.
Follow the webcast here
https://multimedia.europarl.europa.eu/en/webstreaming/econ-committee-meeting_20240215-0900-COMMITTEE-ECON
https://nitter.cz/EP_Economics

🐦🔗: https://nitter.cz/ecb/status/1758023339832967266#m

[2024-02-15 07:00 UTC]

Strong supervision and credible resolution are connected, says Supervisory Board Chair Claudia Buch in conversation with Dominique Laboureix at the
https://nitter.cz/EU_SRB
.
They discussed the need to complete banking union and make progress on the crisis management and deposit insurance review.

🐦🔗: https://nitter.cz/ecb/status/1757458138792444124#m

[2024-02-13 17:34 UTC]

Interpreting PEPP reinvestment data requires an understanding of how we implement purchases,
https://nitter.cz/imene_rr
and
https://nitter.cz/Isabel_Schnabel
explain on
https://nitter.cz/search?q=%23TheECBblog
. Non-zero net monthly purchases in 2023 reflected a smoothing of purchases rather than the use of flexibility
https://www.ecb.europa.eu/press/blog/date/2024/html/ecb.blog20240213~f7a429c230.en.html

🐦🔗: https://nitter.cz/ecb/status/1757435469871153439#m

[2024-02-13 16:04 UTC]