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Guide to becoming a significant bank

KPMG Significant Institutions Assessment

Supervisors represent one of the main stakeholders for banks today and are increasingly influential to their management and business models. The importance of supervision is not only relevant to banks but also to their shareholders due to capital requirements, minimum distributable amount and other supervisory measures that directly or indirectly affect shareholder value.

This introductory iPDF aims to show you how KPMG Significant Institutions Assessment can support management when preparing for supervisory dialogue with the European Central Bank (ECB). In this sample of the full assessment, you will find real questions from past touch points between Single Supervisory Mechanism (SSM) banks and the ECB, as well as current insights from KPMG ECB Office about the ECB's conduct of supervision.

The full assessment covers six areas that are regularly assessed by the ECB:

  1. Structure of the group
  2. Governance and risk management processe
  3. Business model
  4. Risks to capital
  5. Risks to funding & liquidity
  6. ICT risks and digital agenda

In the iPDF we share with you a section of the Governance and Risk Management processes chapter, which includes a high-level explanation of the relevant requirements and expectations, and ends with a series of questions that the bank management might face from the supervisor. The structure of this assessment is intended to provide banks with an idea of the ECB's focus and to help identify areas of uncertainty that require further preparation ahead of a supervisory dialogue.

For the full unabridged version of KPMG Significant Institutions Assessment, please contact us for further details:

KPMG ECB Office in Frankfurt is dedicated to addressing new developments related to banking supervision in Europe. KPMG professionals working together across the EU aim to serve as a single point of reference for banks on regulatory and supervisory topics as well as for ECB-related requests. Explore content and thought leadership on the KPMG ECB Office homepage.

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