SSM challenges eurozone banks to improve governance

Euro sign, Frankfurt

Most significant banks in the eurozone fall short of international best practices around governance and risk appetite frameworks, according to the region's banking supervisor.

The Single Supervisory Mechanism (SSM) offered guidance to boards in a report today (June 23), based on the findings of a thematic review it conducted in 2015. The review covered 113 institutions.

The composition of a board is, the report says, a "key driver" of its effectiveness. This includes its size and structure

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.