Enria: We reviewed booking and risk management practices of incoming banks and found that they do not yet have full control over their balance sheets
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🧵 Banks that relocated business from the UK to the EU following Brexit must have adequate local governance and risk management capabilities, says Supervisory Board Chair Andrea Enria in his latest contribution to The Supervision Blog https://www.bankingsupervision.europa.eu/press/blog/2022/html/ssm.blog220519~3081950bac.en.html?utm_source=ecb_Twitter&utm_campaign=220519_speech_AE
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So far, the financial system has withstood the challenges of the pandemic and the war in Ukraine, but financial stability cannot be taken for granted, says Klaas Knot, @FinStbBoard Chair and @DNB_NL President. Read more in the Supervision Newsletter https://www.bankingsupervision.europa.eu/press/supervisory-newsletters/html/index.en.html?utm_source=ecb_Twitter&utm_campaign=220518_basu_newsletter_May_2022
We’re starting a traineeship programme for Ukrainians!
Apply if you’re a Ukrainian citizen and a recent graduate, young professional or a PhD student.
You’ll gain professional experience, benefit from mentoring and receive a monthly grant.
Learn more https://talent.ecb.europa.eu/careers/SpecificFolder?jobId=5603&source=Twitter
We’ve extended the deadline for applications to the ECB Scholarship for Women until 1 June!
The programme is open to women doing a master’s degree in economics, statistics, engineering or computing and offers grants of €10,000.
Find out more https://www.ecb.europa.eu/careers/what-we-offer/wecs/html/index.en.html
Euro area monthly balance of payments (March 2022) https://www.ecb.europa.eu/press/pr/stats/bop/2022/html/ecb.bp220519~7b41b35484.en.html
RT @ecb: Congratulations to our home town team @Eintracht Frankfurt on winning the @EuropaLeague football championship!
A well-deserved victory!
🎥 by Nicolas Rispal
Congratulations to our home town team @Eintracht Frankfurt on winning the @EuropaLeague football championship!
A well-deserved victory!
🎥 by Nicolas Rispal
RT @eintracht_us: SAY IT PROUDLY
EINTRACHT FRANKFURT EUROPEAN CHAMPIONS! 🏆
The prospect of interest rate normalisation is positive for banks as it increases interest margins and can help profitability, says Supervisory Board Chair Andrea Enria. It can also have a negative impact on credit quality, but should be positive overall https://www.bankingsupervision.europa.eu/press/interviews/date/2022/html/ssm.in220518~f7c97446ed.en.html?utm_source=ecb_Twitter&utm_campaign=220518_speech_AE
RT @Lagarde: Love is love. Proud to wear this rainbow pin on International Day Against Homophobia, Biphobia and Transphobia.
#IDAHOBIT
We’re showing our colours on International Day Against Homophobia, Transphobia and Biphobia 🏳️🌈
Thank you to our Rainbow Network for the pins!
#IDAHOBIT
Enria: We need to foster greater cross-border integration of our banking market. Banks need to view the banking union as a truly domestic market upon which they can build their global activity
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Enria: Of the banking union’s three elements, European banking supervision is fully operational, and as progress is being made with the crisis management framework the deposit insurance scheme will be established
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🧵 We need a unitary framework to complete the banking union, says Supervisory Board Chair Andrea Enria. Only by looking at its different elements taken together will we be able to achieve progress https://www.bankingsupervision.europa.eu/press/speeches/date/2022/html/ssm.sp220517~e33713d293.en.html
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Watch again: Chief Economist Philip R. Lane on the fundamental role that a possible digital euro could have
Watch again: Executive Board member Fabio Panetta on how the digital euro could work together with existing means of payment
Did you miss Executive Board member Fabio Panetta and Chief Economist Philip R. Lane discussing the digital euro at National College of Ireland @NCIRL?
Watch the discussion here
https://youtu.be/DtIQug5DiJ8
RT @NCIRL: #DigitalEuro panel: Senator @malcolmbyrne, @ecb Philip Lane, Minister @mmcgrathtd, NCI President @ginaquin, @ecb Fabio Panetta, Commissioner @McGuinnessEU, Lisa Simpson @Deloitte & joining remotely, Minister @Paschald
RT @NCIRL: The case for #Stablecoin #DigitalEuro @ecb Fabio Panetta
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