The European Central Bank (ECB) is pulling out all the stops to guide Europe’s banks toward carbon neutrality and rigorously hold them to account on climate risks, according to a speech by Frank Elderson, Vice-Chair of the Bank’s Supervisory Board and Member of the Executive Board.
If you were a mouse would you tie a bell to the cat, or would you let someone else make it their job? The fable of “belling the cat” – wherein inaction ends in disaster for the mice – serves as starting point for Christine Lagarde, President of the European Central Bank (ECB), in her […]
The European Central Bank (ECB) has decided to set up a climate change centre to strengthen and bring together the bank’s work on climate issues, currently being carried out across different parts of the organisation.
This week the European Central Bank (ECB) published supervisory statistics for the first quarter of 2020 that indicate the impact of Covid-19 on the strength and security of Europe’s banks.
Ahead of the UN summit in Glasgow this November, Christine Lagarde, President of the European Central Bank (ECB), recently urged companies and central banks to speed up climate risk assessment and improve environmental disclosures. Speaking at the launch of the finance agenda for the UN climate summit COP26, Lagarde spelled out the serious financial risks […]
Governments, companies, and public entities are under increasing pressure to adopt more climate friendly strategies – and central banks aren’t exempt from this expectation. But solving climate change is remote from the primary mandate of a central bank, and can actively clash with bank requirements, argues Yves Mersch, Member of the Executive Board of the […]
Standardisation, be it in the realm of technology or definitions/semantics, is essential for clarity, comparability and efficiency.
Recognising that in today’s visual age, elegant graphics can transform data into a powerful language, the Financial Times appointed Alan Smith as their first Data Visualisation Editor. This month, at the ECB Statistics Conference, Smith shared the FT’s strategy and guidelines for a visual vocabulary which will help your data tell a story rich in […]
Wise words from the Chair of the Supervisory Board of the European Central Bank, Mme. Danièle Nouy, who closed out last week’s ECB Statistics conference with a number of important points. First, the entire process of financial supervision is grounded in high quality information that comes from regulated firms. She said, in part: “We rely […]
Next week the European XBRL community will converge on Warsaw to meet at the XBRL Europe/Eurofiling conference. Prior to the conference getting underway ESMA will host a “Meet the Market” discussion about the ESEF mandate. At the conference there will be an update from the European Commission’s EFTG project – a distributed index of corporate […]