ECON Brief: Update on recent banking developments

13 February 2021

This briefing gives an update on and summarises recent events and developments in the Banking Union, based on publicly available information.

The following topics are specifically addressed: (i) the results of the recent European Central Bank (ECB) Supervisory Review and Evaluation Process; (ii) Single Supervisory Mechanism (SSM) risk assessment and supervisory priorities; (iii) results of the latest Bank Lending Survey; (iv) 2021 stress testing exercise; (v) ECB final guidelines on consolidations; (vi) proportionality; and (vii) Brexit.

ECON Brief

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