ECB has presented to ECON its second annual report on its supervisory activities. The report covers key developments in the banking sector, increased harmonisation in methodology and over options and discretions, and contribution to international regulatory initiatives. It goes on to look at specific key projects during 2015. Introducing the report, Daniele Nouy also highlighted ECB’s priorities for 2016, which are:

  • business model and profitability risk;
  • credit risk with a focus on non-performing loans;
  • capital adequacy;
  • risk governance and data quality; and
  • liquidity.

(Source: ECB presents supervisory activities report)