European Central Bank (ECB)

333 results about this entity

Period: 16 Feb 2007 - 19 Dec 2024

ECB's Hakkarainen warns on IT outsourcing risks

As the digitalisation of banking gathers pace, outsourcing of key IT services to third parties poses an increasing risk to the sector, warns a senior European Central Bank figure.

Exchange lobby responds to ECB consultation on cyber-resilience

The World Federation of Exchanges ("WFE"), the global industry group for exchanges and CCPs, has today responded to the ECB’s consultation on Cyber Resilience Oversight Expectations (CROE) for Financial Market Infrastructures (FMIs).

Openlink secures ECB risk and treasury mangement contract

Openlink, a leading provider of trading, treasury and risk management solutions, announced that the European Central Bank (ECB) in Frankfurt, Germany, has selected Openlink's solution as its risk and treasury management system.

ECB dons White Hat to test financial cyber defences

The European Central Bank is to utilise White Hat techniques to test the resilience of financial market entities under a controlled cyber hacking programme.

BoJ and ECB conclude that DLT could have applications for securities settlement, but...

Studies conducted by the European Central Bank and the Bank of Japan on the feasibility of using distributed ledgers for delivery-versus-payment in securities settlement have concluded that although conceptually possible, further analysis of safety and efficiency issues is warranted.

ECB publishes guides to assessments of licence applications for banks and fintech credit institution

The European Central Bank (ECB) has today published its guide to assessments of licence applications and its guide to assessments of fintech credit institution licence applications.

ECB launches staunch defence of cash

European Central Bank executive board member Yves Mersch has given a spirited defence of cash, praising its ability to facilitate privacy, equality and security, insisting there is "no viable alternative" to the humble euro banknote.

Central bankers unnerved by cryptocurrency bubble

Having previously dismissed cryptocurrencies as a speculative asset class with a limited appeal to the general public, the European Central Bank is growing increasingly fearful of a blurring of the boundaries between the virtual world and the real world of fiat cash and monetary policy.

ECB warns of financial stability risks from bitcoin trading

Yves Mersch, an executive board member of the European Central Bank, has warned of the heightened threats to financial stability posed by banks and financial infrastructure providers building up positions in volatile cyrptocurrencies such as bitcoin.

ECB seeks feedback on assessment of internal models used for calculating counterparty credit risk

The European Central Bank (ECB) today published the draft ECB guide on the assessment methodology (EGAM) for the internal model method and the advanced CVA capital charge for counterparty credit risk.

Unisys wins ECB IT outsourcing contract

The European Central Bank (ECB) today signed a contract with Unisys to manage its IT operations, which include the IT support desk and operation of the data centre.

ECB Council approves payments and settlement overhaul

The Governing Council of the European Central Bank (ECB) on 6 December 2017 approved the consolidation of the Eurosystem’s real-time gross settlement system TARGET2 and the securities settlement platform TARGET2-Securities (T2S), and the development of a Eurosystem Collateral Management System. Both projects will modernise existing systems and increase overall efficiency.