Patrick Montagner: Encouraging innovation, managing risks: the ECB’s approach to digital transformation
Why this matters
This speech covers the ECB's approach to digital transformation and innovation in the banking sector, with a focus on the opportunities and risks of technologies like AI and tokenization. It highlights the need for robust governance and risk management frameworks to enable innovation while preserving financial stability.
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What the ECB said
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Published by ECB . Read the full notice at the source for the authoritative text.
Context
European Central Bank (ECB) — Central bank for the euro area. We track 131 updates from them.
EU-wide financial regulation through ESMA, EBA, and the ECB. Browse all European Union updates.
This update is classified under Operational Resilience / Outsourcing, Technology & Cyber, Prudential / Capital Requirements and Banking & Credit.