Dinner speech by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the 2024 Annual ECB Banking Supervision Research Conference

Frankfurt am Main, 11 June 2024

Like many events this year, the Annual ECB Banking Supervision Research Conference is celebrating the tenth anniversary of European banking supervision under the Single Supervisory Mechanism (SSM). Ten years of the SSM also means ten years of monetary policy and banking supervision living under the same roof. It means ten years of ECB Banking Supervision existing alongside the ECB’s central banking arm and benefiting from the same shared services that are critical for effective monetary policy and banking supervision. And one could also say ten years of close family ties between the experts working in monetary policy and banking supervision, both here in Frankfurt and across Europe in the European System of Central Banks and the Single Supervisory Mechanism.

And…