ECB told to fix crisis management, comms and disaster recovery after Target2 outage

ECB told to fix crisis management, comms and disaster recovery after Target2 outage
A Deloitte review of an extended Target2 outage last year identifies crisis management as a key failure in the recovery efforts of the European Central Bank.
President Christine Lagarde presents the latest monetary policy decisions – 21 July 2022
Today our Governing Council decided on monetary policy, determining what’s needed to achieve stable prices in the euro area.
Listen to President Christine Lagarde present today’s decisions. The statement also covers:
– how the economy is performing
– how we expect prices to develop
– the risks to the economic outlook
– the dynamics behind financial and monetary conditions
Published and recorded during our press conference on 21 July 2022.
Additional material:
Our monetary policy statement at a glance, 21 July 2022
https://www.ecb.europa.eu/press/pressconf/visual-mps/2022/html/mopo_statement_explained_july.en.html
Christine Lagarde, Luis de Guindos: Monetary policy statement (with Q &A), 21 July 2022
https://www.ecb.europa.eu/press/pressconf/2022/html/ecb.is220721~51ef267c68.en.html
Monetary policy decisions, 21 July 2022
https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.mp220721~53e5bdd317.en.html
Combined monetary policy decisions and statement, 21 July 2022
https://www.ecb.europa.eu/press/pressconf/shared/pdf/ecb.ds220721~de2b7f0639.en.pdf
Press release: The Transmission Protection Instrument, 21 July 2022 https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.pr220721~973e6e7273.en.html
Explainer: We have raised interest rates. What does that mean for you?
https://www.ecb.europa.eu/ecb/educational/explainers/tell-me-more/html/interest_rates.en.html
European Central Bank
https://www.ecb.europa.eu/home/html/index.en.html
You can also listen to The ECB Podcast on SoundCloud, Spotify, Deezer, Stitcher, YouTube, Amazon Music and many more https://pod.link/ecbpodcast
Resolution and crisis management tools – How to ensure a smooth landing?
Panel discussion at the Financial Stability Institute 20th anniversary conference – Basel, 12-13 March 2019
Link to the event page: https://www.bis.org/fsi/events/fsi_20th_anniv_conf_190312.htm
Chair: Fernando Restoy (Chairman, FSI)
Panellists: Mark Branson (Chair, Financial Stability Board Resolution Steering Group and Chief Executive Officer, Swiss Financial Market Supervisory Authority), José Manuel Campa (Global Head of Regulatory Affairs, Banco Santander), Lyn Javier (Managing Director, Bangko Sentral ng Pilipinas), Arthur Murton (Deputy to the Chairman, Federal Deposit Insurance Corporation)
Sunak Is In | Bloomberg Surveillance 10/24/2022
Tom Keene, Jonathan Ferro and Lisa Abramowicz have the economy and the markets “under surveillance” as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets. This show is simulcast worldwide on Bloomberg Television and Radio.
#uk #unitedkingdom #markets #morningnews #surveillance
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Target: Inflation | Bloomberg Surveillance 10/05/2022
Tom Keene, Jonathan Ferro and Lisa Abramowicz have the economy and the markets “under surveillance” as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets. This show is simulcast worldwide on Bloomberg Television and Radio.
00:00 welcome
16:00 Twitter bid
39:00 Markets on edge
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Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on…
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/