ECB’s Cyber Security Test Shows ‘Room for Improvement’ for Banks July 29, 2024 Euro zone banks have “room for improvement” in their cyber security, starting with how they would keep their business running...
European Central Bank’s Cyber Stress Test Will Not Affect Capital Requirements January 3, 2024 The European Central Bank’s cyber resilience stress test in the coming months will not affect bank-specific capital requirements but instead...
Shadow Banks, Such as Insurers, Hedge Funds, Could Be Sitting on Elevated Risk: ECB November 30, 2023 The European Central Bank may need to take on a bigger role in supervising shadow banks as they are now...
ECB Cyber Stress Test Won’t Deliver Direct Capital Hit to Banks July 10, 2023 By Steven Arons and Nicholas Comfort The European Central Bank’s cybersecurity stress test next year won’t have a direct impact on capital requirements, limiting the exercise’s...
European Central Bank to Test Cyber Resilience of Banks March 10, 2023 The European Central Bank plans to test the cyber resilience of the euro zone’s top banks after a sharp rise...
European Central Bank Urgently Seeks Regulation After Multiple Crypto Bubbles Burst December 8, 2022 Crypto assets are here to stay so their regulation is urgently needed to protect investors and the stability of the...
Bitcoin Is Being Artificially Propped Up and Shouldn’t Be Legitimized: ECB November 30, 2022 Bitcoin is being artificially propped up and should not be legitimized by regulators or financial companies as it is more...
Cryptocurrencies May Pose Risk to Wider Financial Stability: ECB May 25, 2022 By Francesco Canepa and Tom Wilson Cryptocurrencies will pose a risk to financial stability if the emerging sector maintains its rapid growth of the last two...
Pandemic Shows Why Climate Change Is Major Economic Risk, Says Europe’s Schnabel August 31, 2020 By Balazs Koranyi and Frank Siebelt The coronavirus pandemic demonstrates in the clearest terms why central banks must take a bigger role in fighting climate change...
Hacker Attack Causes European Central Bank to Shut Down a Website August 15, 2019 By Francesco Canepa The European Central Bank (ECB) shut down one of its websites on Thursday after it was hacked and infected with...