Established in 2022, this partnership develops a comprehensive training programme for all European banking supervisors across the Single Supervisory Mechanism (SSM). The programme, which will run for at least four years, will train about 6,000 supervisors at the European Central Bank (ECB) and at the National Competent Authorities. This collaboration supports the Single Supervisory Mechanism in delivering on its priority objectives, increasing the consistency of supervisory approaches, and, thus, becoming a key component to further integrating European banking supervision.
The programme focuses on new skills necessary for financial supervisors to understand and address emerging cyber, digital, climate, and environmental risks. It also covers more effective management of traditional risks, such as those related to credit and liquidity.
The main building blocks of the programme include:
Induction programme for newcomers and junior supervisors;
Foundational programme covering the fundamentals of key supervisory topics for mid-career supervisors;
Specialised learning path to gain technical knowledge and skills in key supervisory risk areas;
Other training courses.
Furthermore, as part of this partnership, a Banking Supervision Policy working paper series was launched in 2024, with the aim of promoting policy and research on Banking Supervision.
Banking Supervision Policy Working Paper Series
2024/01 Banking Union: A Ten-Year Journey [read paper]
Vítor Constâncio, Former Vice-President, European Central Bank, Lisbon School of Economics and Management
2024/02 The Effects of SSM Adoption on Bank’s Profitability[read paper]
Tommaso Perniola, European Central Bank, and Institute of Economics and EMbeDS, Scuola Superiore Sant’Anna, Pisa; and Pietro Chiarelli, European Central Bank
2024/03 Environmental Performance and Credit Ratings: A Transatlantic Study[read paper]
Haoshen Hu, BaFin; Emese Lazar, University of Reading, ICMA Centre, Henley Business School; Jingqi Pan, University of Reading, ICMA Centre, Henley Business School; and Shixuan Wang, University of Reading, Department of Economics
