EBI Regulatory Report #96

Business graphs and charts on table. Financial development, Banking Account, Statistics

EBI Report
Economic Policy and Financial Regulation Measures:
International, EU and Euro Area Levels
(1 September 2021 – 11 June 2022)

Professor Dr. Christos V. Gortsos and Georgios Zervakis, LLM candidate
(Law School, National and Kapodistrian University of Athens)

Key developments since 6 June 2022:

11 June 

  • Keynote speech by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, Florence School of Banking and Finance’s Bank Board Academy “Sitting on Bank boards: Suitability and better governance” 

10 June 

  • ECB: TARGET Annual Report 2021 
  • SSM: ‘Failing or Likely to Fail’ Assessment of Sberbank Europe AG 
  • SSM: ‘Failing or Likely to Fail’ Assessment of Sberbank banka d.d. (Slovenia) 
  • SSM: ‘Failing or Likely to Fail’ Assessment of Sberbank banka d.d. (Croatia) 
  • Sberbank collapse in Europe: EU’s SRB publishes further details on its actions 

9 June 

  • FSB and IMF announce completion of the G20 Initiative to close Data Gaps identified in the Global Financial Crisis 
  • ECB: Monetary policy decisions 
  • Eurosystem staff macroeconomic projections for the euro area, June 2022 
  • ECB: Christine Lagarde, Luis de Guindos: Monetary policy statement (with Q&A) 
  • ESMA risk assessment update: market environment deteriorates further 

8 June 

  • OECD Economic Outlook reveals heavy global price of Russia’s war against Ukraine 
  • EBA consults on technical standards on the identification of a group of connected clients 
  • SRB publishes updated 2022 MREL policy 
  • SRB responses to the European Commission’s targeted consultation on the evaluation of state aid rules for banks in difficulty 

7 June 

  • IADI Fintech Brief No. 8 – Introductory Brief (Part II): Opportunities for Deposit Insurers (DepTech) 
  • EBA consults on Guidelines to resolution authorities on the publication of their approach to implementing the bail-in tool 
  • ESMA publishes latest edition of its newsletter