The European Central Bank (ECB) has launched its 2025 stress testing exercise, with a sharper focus on addressing data quality issues and overly optimistic projections from banks. Stress tests are critical for assessing resilience under adverse economic conditions, but past submissions have underestimated risks, prompting the ECB to tighten its approach.
In a recent blog post on the European Central Bank (ECB) Supervision Blog, Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, underscores the importance of banks’ materiality assessments in managing climate and environmental risks.
A recent blog by Elizabeth McCaul, Member of the Supervisory Board of the European Central Bank (ECB), highlighted the ECB’s focus on enhancing supervisory effectiveness in risk data aggregation and reporting (RDARR).
The European Central Bank (ECB) and the European Banking Authority (EBA) have recently teamed up to establish the Joint Bank Reporting Committee (JBRC). This initiative aims to enhance efficiency and reduce costs in the banking industry’s data reporting processes.
The European Central Bank (ECB) has revealed its climate and nature plan 2024-2025, designed to guide its actions aimed at combatting climate change over the next two years.
The European Central Bank (ECB) has released supervisory banking statistics for significant institutions, providing a comprehensive view of the third quarter of 2023. Key indicators highlight the health and performance of the banking sector, with crucial data reported in XBRL format, enabling in-depth analysis and comparisons.
The European Central Bank (ECB) is starting to use artificial intelligence (AI) to enhance its operations. As AI continues to evolve, it offers interesting potential for a range of central banking tasks, including data analysis, risk management, banking supervision, and monetary policy analysis.
The Eurofiling conference reconvened at the ECB’s HQ this week, with proceedings kicked off by Ms Silke Stapel-Weber, the Director General for Statistics at the European Central Bank. Ms Stapel-Weber announced that the next step of the Integrated Reporting Framework (IReF) has been approved by the ECB’s governing council.
The European Central Bank (ECB) has released supervisory banking statistics on so-called “less significant institutions” (LSIs), complementing existing data on significant institutions.
The European Central Bank (ECB) has published its third assessment of European banks’ progress in disclosing climate and environmental risks. While most banks have increased their disclosures in the past year, the quality of information still falls short of upcoming supervisory standards.
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