Single Supervisory Mechanism News and Banking Supervision Updates
Malaysia’s Audit Oversight Board Strengthens Audit Quality Oversight
Investor confidence in financial reporting depends not only on auditor independence, but also on whether audit work can withstand independent review. In Malaysia, that role is carried out by the ...
ECB supervision says stress testing must adapt to geopolitical and cyber risks
European banking supervisors are expanding stress-testing work as risks spread beyond traditional bank and market shocks. The ECB supervisory arm says the exercises remain valuable for exposing ...
South Malaysia Industries wins court challenge over the appointment of six directors
The corporate control dispute at South Malaysia Industries Bhd has now swung in the company's favour after the High Court quashed the regulator's approval for the appointment of six directors ...
EBA allows banks to use IAS 1 or IFRS 18 for regulatory profit and loss reporting during 2027 transition
European banking supervisors are setting a temporary reporting approach ahead of the introduction of IFRS 18 on 1 January 2027. The measure lets institutions use either the current IAS 1 format or ...
ECB supervisor warns higher rates and uncertainty test euro zone banks’ resilience
Rising interest rates, geopolitical risks and asset market imbalances are increasing the range of threats facing the euro area banking system, even as banks remain robust. The European Central ...
SSM Health wins AA rating for Series 2026 bond issuance
SSM Health is preparing to raise funds for capital upgrades across its facilities through a Series 2026 bond sale. The planned issuance receives a 'AA' rating, signaling strong operating ...
ECB supervision warns European banks to tighten risk controls as threats evolve
European banks are entering a more uncertain phase after a period of stronger profitability, solid capital positions and broadly satisfactory asset quality. The European Central Bank’s ...
Europe banking reform hinges on failure regime, ECB supervision says
Europe's push to deepen its single market in banking depends not only on rules for expansion and day-to-day operations, but on whether failed banks can be handled consistently across the bloc. The ...
ECB supervision defends capital standards as it streamlines bank oversight
European bank supervisors are pushing to simplify oversight processes while keeping capital requirements tied firmly to lenders' risk profiles. The stance comes as the ECB broadens its supervisory ...
ECB supervision pushes risk-based oversight and faster bank remediation in Europe
European banking supervisors are reshaping oversight as banks face a more complex mix of geopolitical, technological and climate-related risks. The approach centers on sharper prioritization, ...
ECB supervision pushes bank simplification agenda as EU competitiveness debate intensifies
European banking supervisors are pressing a twin agenda of market integration and simpler oversight as concerns persist over the sector’s long-term competitiveness. The push comes as Brussels ...
ECB pushes banking simplification to lift European lenders' competitiveness
European banks have improved profitability, asset quality and returns on equity, but the sector still faces structural limits to long-term competitiveness. Those constraints stem mainly from ...
ECB supervisors assess digital innovation's impact on bank business models
European banking supervisors are highlighting how digital innovation is reshaping banks' core competitive advantages as lenders rely more heavily on data processing and prediction. The shift is ...
ECB supervision highlights supervision-resolution continuum in euro area banking framework
A decade after the Single Resolution Mechanism was established, a senior ECB banking supervisor says supervision and resolution function as a single continuum in safeguarding euro area financial ...
ECB supervisory arm backs simpler euro zone bank capital buffer framework
Europe's bank capital regime is facing renewed scrutiny after recent shocks tested lenders' resilience and highlighted limits in how existing buffers can be used in stress periods. The ECB's ...
UK reaffirms support for Colombia peace accord implementation at UN
Following Colombia's recent presidential elections, the UK says it remains fully committed to implementing the 2016 Peace Agreement as the accord reaches its 10th anniversary this year. The ...
ECB supervision calls for EU banking reforms to support resilience and growth
Euro area banks are operating in a more complex regulatory and risk environment as geopolitical tensions, weaker growth expectations and rising corporate insolvencies test the sector's outlook. ...
U.S. Senate Democrats introduce Ebola bill tied to WHO reentry amid Africa outbreak
With Ebola cases rising rapidly in Central and Eastern Africa, U.S. Senate Democrats are pushing legislation that would require President Trump to rejoin the World Health Organization and ...
U.S. mobilizes earthquake response in Venezuela with $150 million aid package
After overnight earthquakes in Venezuela, Washington is deploying emergency teams and funding as part of a broad disaster response. The effort includes urban search and rescue units, ...
