{
  "id": 11426810,
  "title": "Boris Vujčić: Resilience, integration and competitiveness: building the future of European banking",
  "url": "https://urgent.news/2026/10/02/boris-vujcic-resilience-integration-and-competitiveness-building-the",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-02T11:30:00.000Z",
  "source": {
    "name": "ECB Press",
    "slug": "ecb-press",
    "url": "https://www.ecb.europa.eu//press/key/date/2026/html/ecb.sp261002_1~419efe18e0.en.html"
  },
  "original_language": "en",
  "account": null,
  "summary": "Boris Vujčić, a long-time contributor to the European System of Financial Supervision (ESRB), discusses the future of European banking at a conference marking the organization's 15th anniversary. The ESRB was established in response to the 2008 global financial crisis to provide macroprudential oversight of the EU's financial system. Vujčić argues that while the regulatory reforms introduced in the past 15 years have been effective in limiting the fallout from financial crises, they are increasingly being questioned for being overly cautious and putting European banks at a disadvantage. He suggests that lowering capital requirements could make banks more competitive, but acknowledges that stronger balance sheets would have reduced the economic costs of the crisis. Vujčić also emphasizes the need for simplifying EU rules to achieve the same level of resilience without the added complexity, and highlights the importance of financial integration within a Single Market to foster economies of scale and increase competitiveness.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}