European Central Bank @ecb@respublicae.eu

Live now: President
https://nitter.privacydev.net/Lagarde
attends the
https://nitter.privacydev.net/Europarl_EN
plenary session on the ECB Annual Report for 2022.
Follow the webcast here
https://multimedia.europarl.europa.eu/en/webstreaming/plenary-session_20240226-0900-PLENARY

[2024-02-26 16:01 UTC]

Artificial intelligence can make the work of European banking supervisors more efficient, says Supervisory Board member Elizabeth McCaul.
We aim to harness its full potential, while remaining mindful of the associated risks.
https://www.bankingsupervision.europa.eu/press/interviews/date/2024/html/ssm.in240226~c6f7fc9251.en.html

[2024-02-26 11:01 UTC]

Coming up from 17:00 CET: President Christine
https://nitter.privacydev.net/Lagarde
attends the
https://nitter.privacydev.net/Europarl_EN
plenary session on the ECB Annual Report for 2022.
Follow the webcast here
https://multimedia.europarl.europa.eu/en/webstreaming/plenary-session_20240226-0900-PLENARY

[2024-02-26 09:23 UTC]

🇺🇦🇪🇺We stand with Ukraine today and every day, as we mark two years since Russia’s full-scale invasion began.
https://nitter.privacydev.net/search?q=%23StandWithUkraine

[2024-02-24 10:16 UTC]

RT by @ecb: .@Isabel_Schnabel, member of the Executive Board of the @ecb, discussing with Bocconi students about the fight against inflation
See her presentation👉 https://www.ecb.europa.eu/press/key/date/2024/html/ecb.sp240223~e0431123c3.en.pdf?4f09bb96bf0c63796d1d7c0f654db178

[2024-02-23 10:00 UTC]

Executive Board member
https://nitter.privacydev.net/Isabel_Schnabel
: Has the fight against inflation been won? (slides)
https://www.ecb.europa.eu/press/key/date/2024/html/ecb.sp240223~e0431123c3.en.pdf

[2024-02-23 09:29 UTC]

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/2024/html/ecb.pr240223~4282400396.en.html

[2024-02-23 09:01 UTC]

Today, the EU and its member states decided to establish the EU anti-money laundering authority in Frankfurt. This is an important milestone, and we stand ready to work closely with AMLA to strengthen the fight against money laundering and terrorist financing across Europe.

[2024-02-22 19:09 UTC]

R to @ecb: You can find the press release here https://www.ecb.europa.eu/press/pr/date/2024/html/ecb.pr240222~2e8045adc3.en.html

[2024-02-22 11:34 UTC]

After years of profits, in 2023 we posted a loss of €1.3 billion due to interest rate rises needed to combat inflation. Our mandate is to maintain price stability, not to make profits. We can effectively operate and fulfil our mandate regardless of losses.

[2024-02-22 11:03 UTC]

42% of bank offices in the euro area closed between 2008 and 2022. Almost all countries saw a decline in bank offices.
Our blog post on the
https://nitter.privacydev.net/search?q=%23ECBDataPortal
provides an overview of these and other findings from our structural financial indicators
https://data.ecb.europa.eu/blog/blog-posts/changing-landscape-bank-offices-euro-area

[2024-02-22 08:59 UTC]

Bitcoin has failed to become a global decentralised digital currency, instead falling victim to fraud and manipulation.
The recent approval of an ETF doesn’t change the fact that Bitcoin is costly, slow and inconvenient, argues
https://nitter.privacydev.net/search?q=%23TheECBBlog
https://www.ecb.europa.eu/press/blog/date/2024/html/ecb.blog20240222~0929f86e23.en.html

[2024-02-22 08:20 UTC]

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]