In her keynote address at the recent Delphi Economic Forum X, Sharon Donnery, a Member of the Supervisory Board of the European Central Bank (ECB), provided a comprehensive overview of the current risk landscape facing the European banking sector and the supervisory approaches being used to address these challenges.
Donnery opened by emphasizing the importance of a level playing field in international banking. "A consistent level playing field in international banking is crucial, not only for financial stability but also to enable banks to effectively operate and compete across borders." Donnery argued. "However, this playing field must be more than just level: it must be fundamentally sound."
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