ECB Single Supervisory Mechanism
SSMNews
Banks gain choice of profit and loss reporting format in 2027
On October 15, 2026, the European Central Bank (ECB) allowed transitional reporting under IAS 1 or IFRS 18. IFRS 18 takes effect on January 1, 2027; amended reporting standards are expected to apply from the September 2027 reference period.
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SSMSpeech
Montagner warns against easing bank capital requirements
European banks remain resilient against higher interest rates and sovereign bond volatility, but regulatory capital standards must not be watered down, according to ECB Supervisory Board member Patrick Montagner in an interview with Les Echos.
SSMSpeech
Montagner warns European banks against complacency amid high profits
Speaking at a conference in Paris on October 1, 2026, ECB Supervisory Board member Patrick Montagner warned that European banks must not let strong profitability foster complacency amid rising geopolitical, cyber and credit risks.
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SSMSpeech
Single market progress requires credible exit regime, Machado says
European Central Bank Supervisory Board member Pedro Machado stated that banking integration requires a credible crisis management framework.
SSMSpeech
Donnery rejects capital dilution and demands better bank risk data
European Central Bank (ECB) Supervisory Board member Sharon Donnery ruled out diluting prudential standards amid supervisory simplification.
SSMSpeech
Machado urges bank integration and two-tier capital stack
European Central Bank Supervisory Board member Pedro Machado called for cross-border banking integration and regulatory simplification in Madrid on September 28, 2026.
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Buch urges strong governance as 90 percent of banks adopt AI
ECB Supervisory Board Chair Claudia Buch urged banks to strengthen governance and IT resilience as more than 90 percent adopt artificial intelligence.
SSMSpeech
Machado flags crisis liquidity and deposit insurance gaps
ECB Supervisory Board member Pedro Machado identified four structural gaps in the European crisis framework on September 22, 2026.
SSMPaper
Bank licence applicants face strict 36-month capital stress tests
New bank applicants across the euro area face harmonised licensing assessments under an updated supervisory guide released in September 2026.
SSMSpeech
Donnery urges banking integration to cut regulatory fragmentation
European Central Bank Supervisory Board member Sharon Donnery stated that integrating the banking market is the most effective way to reduce regulatory complexity.
SSMSpeech
Donnery proposes merging EU capital buffers into two tiers
ECB Supervisory Board member Sharon Donnery has proposed simplifying the European Union's capital architecture by consolidating macroprudential buffers into two instruments.
SSMSpeech
Buch calls for independent watchers of banking supervision
ECB Supervisory Board Chair Claudia Buch called for an independent community of watchers to scrutinise banking regulation.