1 SESFOD survey, the underlying detailed data series and the SESFOD guidelines are available on the ECB’s website together with all other SESFOD publications.
The European Central Bank (ECB) has today published the results of its Supervisory Review and Evaluation Process (SREP) for 2021. The findings of that annual ...
At its meeting on 2 December 2021, the General Board of the European Systemic Risk Board (ESRB) assessed the key systemic risks in the European Union (EU), as well as public policy priorities to address them. The General Board noted that the risk of an abrupt broad-based asset price correction had increased further owing to continued exuberance in credit, asset and housing markets.
The Executive Board of the European Central Bank (ECB) has appointed Oscar Arce as Director General Economics. The Directorate General Economics monitors, analyses, models and forecasts economic developments and policies, and provides policy advice and secretarial support for monetary policy meetings held by the ECB’s decision-making bodies.
The European Systemic Risk Board (ESRB) has today published reports from the Advisory Scientific Committee (ASC) and the Advisory Technical Committee (ATC) on macroprudential stance.
For the period from April to September 2021, small and medium-sized enterprises (SMEs) in the euro area reported an increase in turnover in net terms, reflecting the rebound in economic activity since the start of the coronavirus (COVID-19) pandemic (Chart 1).
The ECB’s Governing Council has approved a new oversight framework for electronic payments following a public consultation. The framework is designed to make the current and future payments ecosystem safer and more efficient, as part of the ECB’s statutory task to promote the smooth operation of payment systems.
The European Central Bank (ECB) today published its first-ever large-scale assessment of how European banks are adjusting their practices to manage climate and environmental (C&E) risks, in line with the expectations set out in the November 2020 ECB Guide on C&E risks.
The economic recovery in the euro area has reduced near-term pandemic-related risks to financial stability, the November 2021 Financial Stability Review (FSR) published today by the European Central Bank (ECB) concludes.
The Executive Board of the European Central Bank (ECB) has appointed Doris Schneeberger as Director Banknotes. The Directorate Banknotes is responsible for coordinating and monitoring banknote developments within the Eurosystem and with third parties.
The Executive Board of the European Central Bank (ECB) has appointed Cornelia Holthausen as Director General Macroprudential Policy and Financial Stability (DG-MF). The Directorate General provides analysis and policy advice on macroprudential policies, financial stability, financial regulation and supervision.
In the ECB Survey of Professional Forecasters (SPF) for the fourth quarter of 2021, HICP inflation expectations stood at 2.3%, 1.9% and 1.7% for 2021, 2022 and 2023, respectively.
According to the October 2021 euro area bank lending survey (BLS), credit standards – i.e. banks’ internal guidelines or loan approval criteria – for loans or credit lines to enterprises remained broadly unchanged (net percentage of banks standing at 1%, see Chart 1) in the third quarter of 2021.
Members of the Market Advisory Group will act in a personal capacity, advising the Eurosystem on the design and distribution of a potential digital euro from an industry perspective, and on how a digital euro could add value for all players in the euro area’s diverse payments ecosystem. A representative from the European Commission and representatives from Eurosystem national central banks will also participate in the group.
As correspondent banks do not have an adequate inspection program, and respondent banks often do not have a good compliance team, the transit of illegal money is very common.
The European Central Bank (ECB) today published the results of its economy-wide climate stress test. The exercise tested the impact of climate change on more than four million firms worldwide and 1,600 euro area banks under three different climate policy scenarios.
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