The ECB delegates to its supervisors the approval of banking group restructuring plans
11 Sep 2026Effective: 21 Aug 202614 views
Who is affected:
Significant banking groups supervised by the ECB and their supervision teams
Summary
The European Central Bank allows its supervisory officials to directly approve restructuring plans for banking groups. It streamlines decision-making in European financial supervision.
Detailed analysis
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ECB Decision/2026/21 delegates to certain officials of the European Central Bank the power to adopt joint decisions on the evaluation of restructuring plans for supervised banking groups. This delegation aims to streamline prudential supervision procedures within the Single Supervisory Mechanism (SSM). Restructuring pl…
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OJ:L_202602038: Decisión (UE) 2026/2038 del Banco Central Europeo, de 21 de agosto de 2026, relativa a la delegación de la facultad para adoptar decisiones conjuntas sobre la evaluación de los planes de reestructuración de grupo (BCE/2026/21)
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