ECB establishes close cooperation with Bulgaria’s central bank

ECB Governing Council has adopted a decision to establish close cooperation with the Bulgarian National Bank Direct supervision of Bulgarian significant institutions to start on 1 October 2020 following completion of significance assessment process The Governing Council of the European Central Bank (ECB) has adopted a decision to establish close cooperation with Българска народна банка […]

ECB establishes close cooperation with Croatia’s central bank

ECB Governing Council has adopted a decision to establish close cooperation with Hrvatska narodna banka Direct supervision of Croatian significant institutions to start on 1 October 2020 following completion of significance assessment process The Governing Council of the European Central Bank (ECB) has adopted a decision to establish close cooperation with Hrvatska narodna banka (Croatian […]

ECB publishes guideline on definition of default for banks directly supervised by national supervisors

Guideline in line with ECB regulation for banks directly supervised by ECB The definition ensures consistency and level playing field among banks across euro area The European Central Bank (ECB) today published a guideline on the definition of the so-called “materiality threshold” for banks that are directly supervised by national supervisors, following a public consultation. […]

Consolidated financial statement of the Eurosystem as at 3 July 2020

In the week ending 3 July 2020 the increase of EUR 38.9 billion in gold and gold receivables (asset item 1) primarily reflected quarterly revaluation adjustments. The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) fell by EUR 14.2 billion to EUR 324 billion. This change was […]