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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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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