Keynote speech by Claudia Buch, Chair of the Supervisory Board of the ECB, at the eighth European Systemic Risk Board (ESRB) annual conference on “New Frontiers in Macroprudential Policy”

Introductory statement by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the stakeholder meeting on the ECB Guide on governance and risk culture

Welcome address by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the ECB conference real estate climate data industry good practices

Keynote speech by Elizabeth McCaul, Member of the Supervisory Board of the ECB, at the Supervision Innovators Conference 2024

Speech by Claudia Buch, Chair of the Supervisory Board of the ECB, at the Eurofi Financial Forum 2024 in Budapest

Contribution by Elizabeth McCaul, Member of the Supervisory Board of the ECB, for Eurofi Magazine

Contribution by Elizabeth McCaul, Member of the Supervisory Board of the ECB, for Eurofi Magazine

Contribution by Kerstin af Jochnick, Member of the Supervisory Board of the ECB, for Eurofi Magazine

Interview with Kerstin af Jochnick, Member of the Supervisory Board of the ECB, Supervision Newsletter

Interview with Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, conducted by Eric Albert

The importance of cyber resilience in protecting our banking sector cannot be overstated: the current landscape poses a variety of cyber threats, from cybercrime to sophisticated state-sponsored attacks. The results of our recent stress test will help us strengthen the way supervised banks manage cyber risk, to set the stage for a resilient banking future.

Where do banks’ governance and risk culture stand after ten years of European supervision? Despite improvements, the ECB has concluded that there is still progress to be made. That’s why we are publishing a Guide on governance and risk culture outlining supervisory expectations and good practices.

Assessing how banks implement their digitalisation activities and manage the related risks has been one of the ECB’s supervisory priorities in recent years. We have now completed a key milestone for defining assessment criteria and in gathering sound practices. The Supervision Blog looks at this important step.

The Supervisory Board has decided to update its annual health check of banks, the Supervisory Review and Evaluation Process. Triggered by structural shifts, new risks and external shocks, the changes aim at making the SREP more efficient and effective.

Materiality assessments are not just a “nice to have” – knowing your risks is a precondition for being able to address them. Most banks have now drawn up materiality assessments that are in line with our supervisory expectations. This is good news, but it is only the first step. A great deal more work lies ahead. By the end of this year, we expect all banks under our supervision to be fully aligned with all our supervisory expectations on the sound management of C&E risks.