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 – October edition

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

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Spotlight articles

The ECB deploys a new tool to assess banks’ vulnerability to geopolitical risk.

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

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

Latest perspectives and insights

ECB Internal Model Guidance: Key 2025 Updates

AMLA sets out its vision for becoming a leading player in Europe’s fight against financial crime

SREP reforms are bringing new supervisory techniques, tools and responses to the annual cycle

What does this mean for European banks?

The first DORA Onsite Inspections (OSIs) have begun. Initial observations suggest that firms can proactively prepare by taking several steps focused on operational effectiveness, end-to-end consistency, and robust third-party management.