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Hearing at the Committee on Economic and Monetary Affairs of the European Parliament Introductory statement by Frank Elderson, Member of the Executive Board of the ECB, at the ECON Committee of the European Parliament Brussels, 25 January 2021 Ladies and gentlemen, Introduction It is a great honour for me to appear again before your Committee, this time in order for you to assess my suitability for the role of Vice-Chair of the Supervisory Board of the ECB. The European Parliament’s role in this process reflects the highest principles of democracy and accountability. Interactions such as t...

ECB nominates Frank Elderson as Vice-Chair of the Supervisory Board 18 December 2020 EU Council to give final approval after parliamentary vote The Governing Council of the European Central Bank (ECB) today has proposed the appointment of ECB Executive Board member Frank Elderson as Vice-Chair of the ECB’s Supervisory Board. The ECB has informed the Chair of the European Parliament’s Committee on Economic and Monetary Affairs (ECON), Irene Tinagli, in line with the Interinstitutional Agreement between the ECB and the European Parliament. The ECB has also informed the President of the Econ...

ECB nominates Frank Elderson as Vice-Chair of the Supervisory Board (223 KB) 12/18/2020 | 08:17am EDT Send by mail : Message : Governing Council submits proposal to European Parliament for new Vice-Chair of ECB's Supervisory Board EU Council to give final approval after parliamentary vote The Governing Council of the European Central Bank (ECB) today has proposed the appointment of ECB Executive Board member Frank Elderson as Vice-Chair of the ECB's Supervisory Board. The ECB has informed the Chair of the European Parliament's Committee on Economic and Mone...

By Susanna Rust2020-12-16T16:16:00+00:00 The US central bank has joined the Network for Greening the Financial Sector (NGFS) along with seven other organisations, a development that the group said “firmly cements the NGFS’s commitment to collective action on a truly global level”. The NGFS today also published analysis of responsible investment practices in central banks’ portfolio management – including pension portfolios – and of a survey on monetary policy operations and climate change. The Federal Reserve’s joining the NGFS, which has been expected, comes after a pledge fr...

Text size The US Federal Reserve on Tuesday joined other central banks in a global group aimed at fighting climate change and addressing environmental risk to the financial system. The Fed has been working for a year with the Network of Central Banks and Supervisors for Greening the Financial System (NGFS), but now has joined the Bank of England, European Central Bank, Bank of Mexico and others as a formal member. The network was built as part of the Paris climate accord to "to enhance the role of the financial system to manage risks and to mobilize capital for green and low-carbon inve...