ECB has published its 2016 priorities for supervising the significant banks in the euro area under the Single Supervisory Mechanism (SSM). The five areas build on the assessment of key risks faced by banks in the current environment. The priorities are:

  • business model and profitability risk;
  • credit risk;
  • capital adequacy;
  • risk governance and data quality; and
  • liquidity.

(Source: ECB Publishes SSM Priorities for 2016)