At the Single Resolution Board staff event late last month, Elizabeth McCaul, a Member of the Supervisory Board of the European Central Bank (ECB), delivered a presentation on how the ECB's "Digitisation Blueprint" has progressed in driving innovation and facilitating the adoption of supervisory technology (suptech) tools.
Since 2020, the ECB has sought to drive digital innovation forward throughout the Single Supervisory Mechanism (SSM) — the legislative and institutional framework that grants the ECB a supervisory role over banks in the EU — by "connecting people, ideas and projects."
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