Post by European Central Bank

There is a compelling business case for a European deposit insurance scheme, Supervisory Board Chair Claudia Buch tells the Banka Slovenije podcast. Our work to simplify banking supervision is already paying off: we are seeing quicker processing times, more targeted communication and more proportionate action. But we also need to maintain strong supervisory and regulatory standards to keep banks safe from growing threats like cyberattacks. With risks materialising faster than ever, it is important that people can trust banks to keep their savings safe. Equal deposit protection across Europe would strengthen this trust and increase incentives for cross-border activity. Want to learn more? Listen to the full episode 👉 https://lnkd.in/exzmHYxu