The European Central Bank (ECB) will now demand banks to directly supervise less information and soften expectations of good governance after the banking sector complained that regulation was very strict.
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26/06/2026
by
Lusa
O ECB today reported that it broadly reviews “its publications on banking supervision to improve transparency, consistency and facilitate its use for banks”.
The monetary entity carries out this review “in the context of a comprehensive reform to make European banking supervision more efficient, effective and risk-based”.
The ECB, which began directly supervising euro area banks after the global financial crisis and the rescue of banks and other credit entities in Europe, will withdraw some of its recommendations and guides to banks.
For example, the ECB will withdraw 40 supervisory publications that it considers old, duplicated or not relevant, from a total of 130 publications, such as guides, reports, letters and methodologies.
The publications you collect range from letters to executive directors on variable remuneration policy, the ban on distributing dividends you applied during the pandemic and some reports you require from banks.
“ Our goal is simple: to ensure that our supervisory guidance is clear, consistent and appropriate to its purpose in an increasingly complex risk environment,” said the Vice-President of the ECB Supervisory Board, Frank Elderson, in an information published today.