European Central Bank (ECB)
Cipollone outlines digital euro app as ECB readies pilot
Board member says application will ‘leave no-one behind’
Jasmina Selimović on managing Europe’s last currency board
The Central Bank of Bosnia and Herzegovina governor speaks about building resilience to counter geoeconomic shocks, strengthening reforms amid EU convergence, addressing stablecoin and NBFI risks, Sepa integration, and capacity building.
DNB fines ABN Amro €8.5m for AML shortcomings
Former ECB supervisory board member says penalty signals seriousness of breach
Floored: Basel III rethink upsets IRB dominance
Introduction of output floor means internal ratings’ popularity takes a hit, but isn’t quite out for the count
ECB tells banks to plan for AI-related collapse in cyber defences
European Systemic Risk Board warns response times have narrowed from days to minutes
Data-driven approach needed to assess impact of AI – Lane
ECB board member sets out multiple unknowns as technology reshapes macroeconomic landscape
ECB’s T2 suffers second ‘incident’ as Euronext reports outage
Euro and krone T2 settlements queued for 30–40 minutes following system update last month
Banque de France’s Denis Beau on supervisory reform
The Banque de France’s deputy governor speaks about suppression of the systemic risk buffer, proposals for a TLAC floor, and simplifying bank regulation and resolution
‘Who pays?’ remains biggest puzzle of digital euro – panel
Specialists say successful payment systems solve problems for consumers and merchants
More data does not mean better outcomes – EBA policy expert
EU’s previous credit risk approach created ‘crazy backlog of model validations’, official says
Elizabeth McCaul on the need for resilience in cyber security
Former ECB official explains why response preparedness is more important than predicting attacks
Agentic AI’s ‘step change’ poses systemic cyber risks – Breeden
Supervisors should stress-test multi-firm disruptions as models evolve, BoE deputy governor says
Mervyn King on his career and big ‘mistakes’
The former BoE governor speaks with Christopher Jeffery about the value of transparency, lessons from the GFC, the need to track broad money and tie short-term funding to haircut collateral, and danger presented by non-banks
Cheap Chinese imports keep eurozone goods inflation down
Paper says prices may stay low because of excess capacity, weak Chinese demand and yuan
ECB scraps 40 supervisory publications in simplification push
Revised guidelines should make bank’s expectations clearer, says vice-chair of its supervisory board
Governors move markets as much as ECB board members – paper
Presidents' speeches have greatest influence, followed by those given by heads of national central banks
Geopolitics is driving monetary policy – panel
ECB’s Vujčić points to impact of US equities, while BoE’s Taylor says uncertainty justifies rates hold
Iceland joins Eurosystem’s Tips
Króna to become fifth currency compatible with instant payments settlement system in 2028
Digital euro passes European Parliament’s first hurdle
Economic and monetary committee’s rapporteur says CBDC will ‘never replace’ cash
ECB’s June hike ‘defensible’ but bank should be cautious – study
Uniform rate hikes are ‘bad, short-term oriented policy’, researcher says
Santa Purgaile on staying agile and adaptable in supervision
The Latvian deputy governor speaks about AML/CFT progress, fintech developments and how small markets can thrive
Number of US jobs at risk of AI substitution is falling – ECB study
New technology yet to have an impact on wage growth, research finds
Sharon Donnery on the ECB’s great simplification push
The supervisory board member speaks about geopolitical risk, cyber threats and potential banking regulation reforms
Right now, the dollar is too big to fail – panel
Officials say greenback likely to remain dominant for foreseeable future