European Central Bank (ECB) Fireside chat summary

Introduction and agenda

• Session focused on supervisory priorities, recent developments in European banking, and audience Q&A.

Background and experience of the speaker

• Speaker has served on the ECB Supervisory Board since March 2025, bringing direct supervisory insight.

Current industry trends

• Geopolitical risk management is a top supervisory priority, with structured frameworks and reverse stress tests guiding oversight.

• Credit quality remains resilient, with low NPLs, but ongoing efforts target standardization in credit underwriting.

• Synthetic risk transfer (SRT) markets have grown rapidly, with Europe leading globally in synthetic securitization.

• Operational resilience, especially cyber and ICT security, is a core focus, with banks investing in technology and AI.

• Fragmentation along national lines and regulatory complexity hinder competitiveness and cross-border M&A.