Pedro Machado: From going concern to gone concern: The supervision-resolution continuum after a decade of the Single Resolution Mechanism

Why this matters

This is a substantive policy speech from a senior ECB official delivered at an academic forum, articulating the institutional approach to the interconnection between banking supervision and resolution under the Single Resolution Mechanism. The speaker explicitly discusses recent CMDI reform (April 2026), identifies concrete gaps in the current framework, and signals areas requiring future legislative and operational attention. While not a binding rule or consultation, it represents high-level regulatory signalling on how authorities will interpret and implement existing frameworks and where evolution is needed. The content is informational rather than prescriptive, warranting null urgency, but the policy substance and forward-looking gaps identified justify a significance score of 3.

AI-generated classification rationale, not a full analysis. Verify with the original ECB source before acting. Full disclaimer.