Supervision Newsletter – May 2026

Source: European Central Bank (video statements)

"Market fragmentation is banks’ real constraint"

Supervision will not pivot away from resilience, says Frank Elderson, Vice-Chair of the ECB Supervisory Board, stressing that the banking union is key to competitiveness. He clarifies that ECB guidance is not law and explains the risks behind Anthropic’s Mythos.

Read the full interview here:
https://www.bankingsupervision.europa.eu/press/interviews/date/2026/html/ssm.in260513~cb8e1269c5.en.html

https://www.youtube.com/watch?v=babRYzEG3AY