This occasional paper describes how the financial stability and macroprudential policy functions are organised at the … ECB. Financial stability has been a key policy function of the ECB since its inception. Macroprudential policy tasks were … later conferred on the ECB by the Single Supervisory Mechanism (SSM) Regulation. The paper describes the ECB …

This article explores the effect of delays in updating prudential regulation on countries' likelihood of experiencing … banking crises, and it disentangles the impact of different aspects of regulation on crisis onset. I argue that delays in … revising banks' prudential regulation allow banks to adopt risky behavior. This increases a country's vulnerability to systemic …