Evolving Threats: EBA-ECB Report Confirms SCA’s Efficacy Amidst Rising Fraud Adaptation

The European Banking Authority (EBA) and the European Central Bank (ECB) recently published a joint report revealing that while Strong Customer Authentication (SCA) continues to …

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ECB Proposes Elderson’s Term Extension: Navigating Continuity Amidst Evolving Supervisory Challenges

The European Central Bank’s (ECB) Governing Council recently proposed extending Frank Elderson’s tenure as Vice-Chair of the ECB Supervisory Board for a new five-year term, …

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Global Central Banks Continue Tightening Cycle Amidst Persistent Inflation

global central banks continue tightening cycle amidst persistent inflation

Global central banks, including the U.S. Federal Reserve, the European Central Bank, and the Bank of England, have aggressively raised benchmark interest rates over the …

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ECB Holds Rates Steady Amid Persistent Inflation Concerns and Stagnant Growth

ecb holds rates steady amid persistent inflation concerns and stagnant growth

The European Central Bank (ECB), led by President Christine Lagarde and Vice-President Luis de Guindos, recently announced its decision to maintain key interest rates at …

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Eurosystem Mandates Operational Readiness Tests for Refinancing Operations

eurosystem mandates operational readiness tests for refinancing operations

The Eurosystem has formally invited its counterparties, primarily banks and financial institutions, to regularly test their operational readiness for accessing standard refinancing operations. This critical …

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