The EU is working to ensure the financial system remains strong and secure and that the single market offers consumers and businesses the financial products they need. Financial institutions and markets play a vital role in the stability and growth of the EU economy. They provide funding to hous...
The Single Resolution Board (SRB) is the resolution authority for the significant and cross border banking groups established within participating Member States....
How far should capital requirements be raised in order to ensure a strong and resilient banking system without imposing undue costs on the real economy? Capital requirement increases make banks safer and are beneficial in the long run but also entail transition costs because their imposition red...
There is no “one-size-fits-all” strategy to achieve viable profitability, but all banks need good strategic steering and risk management capabilities to adjust their business mix to changes in the operating environment. Banks have already taken actions to enhance profitability and the room of ma...
This paper examines how the ECB should respond to the currently low profitability of significant banks in the Banking Union. The subdued profitability appears to be a structural problem caused by overbanking, with too many bank assets chasing too few profitable banking sector opportunities. To a...
A stable euro area is the precondition for jobs, growth, investment and social fairness in our Union. Under the Treaties, the euro is the single currency of the European Union, and economic convergence and stability are objectives of the Union as a whole. Following the withdrawal of the UK from ...
This Handbook aims to assist macroprudential authorities in the European Union (EU) to operationalise instruments set out in the prudential rules for the EU banking sector. While some of the rules – commonly referred to as the Capital Requirements Directive (CRD IV) and the Capital Requirements ...
