Sharon Donnery: Interview with banko.ro
Why this matters
This is an interview with Sharon Donnery, ECB Supervisory Board member, discussing supervisory priorities and policy direction for 2025-27. The content covers multiple material areas: SREP structural reform and Pillar 2 guidance changes; geopolitical risk management expectations; asset quality monitoring (NPLs); non-bank financial sector interconnectedness; Digital Operational Resilience Act implementation and cloud concentration risks; risk data aggregation enforcement; digital euro design safeguards; and close cooperation framework. While not a binding rule or consultation, it articulates clear supervisory expectations and enforcement direction (e.g., periodic penalty payments for data governance deficiencies, focus on credit underwriting). The significance is noteworthy guidance with concrete regulatory signals affecting banks' supervisory engagement and compliance priorities.
AI-generated classification rationale, not a full analysis. Verify with the original ECB source before acting. Full disclaimer.
What the ECB said
No description available.
Published by ECB . Read the full notice at the source for the authoritative text.
Context
European Central Bank (ECB) — Central bank for the euro area. We track 138 updates from them.
EU-wide financial regulation through ESMA, EBA, and the ECB. Browse all European Union updates.
This update is classified under Prudential / Capital Requirements, Operational Resilience / Outsourcing, Technology & Cyber and Banking & Credit.