KPMG European Central Bank Office

Welcome to KPMG's ECB Office homepage

Under the Single Supervisory Mechanism (SSM), introduced in 2014, the European Central Bank (ECB) was granted a supervisory role to monitor the financial stability and central control of over 6,000 credit institutions in the Eurozone. Under the SSM, banks face a new set of challenges to meet new supervisory standards beyond those of their national supervisors.

KPMG’s ECB Office provides you with the latest information and assistance with SSM related issues. Our ECB Office combines the expertise from KPMG’s International network of banking professionals and former regulators, to bring you solutions for dealing with the ECB supervisory approach. Our advisory team can help you understand how the SSM functions and how best to work with national banking authorities. Our international interdisciplinary team is familiar with the supervisory methods practiced across Europe and our tight-knit network provides insight into the new supervisory mechanisms.

This homepage is a dedicated repository featuring latest perspectives and insights on pressing ECB priority areas impacting banks. Stay tuned for perspectives and insights on supervisory topics in our SSM Insights quarterly newsletter.

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Quarterly KPMG SSM Insights Newsletter – May edition

Welcome to KPMG’s SSM Insights Newsletter, May edition. Read our latest perspectives and insights on pressing ECB priority areas impacting banks.

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Spotlight articles

Intraday liquidity management: ECB standards and their consequences

The ECB standards define requirements for intraday liquidity management. Our white paper shows the consequences and areas of action for banks.

Lombard loans: Under the supervisory spotlight

As ECB scrutiny intensifies, banks should address creditworthiness, data gaps, and engage proactively on evolving lombard loan expectations.

SSM 10th Anniversary Report and Recommendations

KPMG publishes joint report with the Association of German Banks with recommendations for the next ten years of European Banking Supervision

Latest perspectives and insights

The EU-wide stress test 2025

The 2025 stress test is well advanced, and at the end of May some banks will receive on–site visits from the ECB for the first time. What's next for banks?

AI risks and governance

Key risks, governance challenges and what banks should do to prepare for responsible AI adoption

ESG risks in 2025: Responding to regulatory and supervisory pressure

What’s new and what’s next for ESG risk management? With physical and transition risks growing, both the EBA and the ECB are stepping up their focus on ESG risks.

Navigating ICAAP's evolution

Key challenges for banks include clarifying the role of the risk function, incorporating ESG risks, and implementing a full economic valuation of the balance sheet.

Geopolitical risk: Navigating a complex world

Governments and businesses are having to adapt to a level of geopolitical uncertainty not seen for many years. What are the key implications for banks?