Patrick Montagner: Remaining vigilant in a changing risk environment

Why this matters

This is a keynote speech from an ECB Supervisory Board member delivered at an industry conference. While not a binding rule or consultation, it provides noteworthy regulatory signals on supervisory expectations across multiple domains: credit risk management (loan granting practices, collateral valuations), capital planning and distribution decisions, climate and nature-related risk management, operational/technological resilience (IT infrastructure, AI governance, third-party dependencies), and data quality/risk reporting. The speaker emphasizes that supervisors will conduct horizontal analyses, targeted reviews, and on-site inspections to enforce these expectations. The speech reflects current ECB supervisory priorities and provides guidance to the banking sector on areas of regulatory focus, warranting a significance score of 3.

AI-generated classification rationale, not a full analysis. Verify with the original ECB source before acting. Full disclaimer.