- Expert group to make recommendations for making听Supervisory Review and Evaluation Process (SREP) more efficient
- Group鈥檚 advisory mandate runs until end of Q1 2023
The European Central Bank (ECB) has tasked five high level experts on banking supervision with reviewing the effectiveness and efficiency of the Supervisory Review and Evaluation Process (SREP) and how it relates to other supervisory processes.听Members will provide input on the functioning of the SREP 鈥� as performed by the ECB within the context of European banking supervision 鈥� via an independent external evaluation.
The group will engage with major relevant stakeholders and other international experts to gather information and perspectives on supervisory best practices. Its mandate runs until the end of the first quarter of 2023.
The five experts appointed have international backgrounds in banking supervision and were selected based on their extensive experience in the public and private sector and with a view to achieving geographical and gender diversity. They will be acting independently and subject to a confidentiality agreement. They have been appointed in a personal capacity and their participation in the group is unremunerated.
Members of the expert advisory group:
Sarah Dahlgren,听Partner, McKinsey & Company;听former听Executive Vice President, Federal Reserve Bank of New York
Matthew Elderfield,听former Deputy Governor, Central Bank of Ireland;听former Chief Risk Officer, Nordea
Ryozo Himino,听former Commissioner,听Japan鈥檚 Financial Services Agency (JFSA);听former听Secretary General听of the Basel Committee on Banking Supervision
Fernando Restoy,听Chair of the Financial Stability Institute, Bank for International Settlements;听former Deputy Governor, Banco de Espa帽a
Carolyn Rogers,听Senior Deputy Governor,Bank of Canada;听former听Secretary General听of the Basel Committee on Banking Supervision
ecb.europa.eu
