Euro Area: Publication of Financial Sector Assessment Program Documentation-Technical Note on Cyber Risk and Financial Stability-Selected Issues in Regulation and Supervision
July 25, 2025
Summary
The FSAP reviewed the supervision and oversight of cyber risk and operational resilience of Significant Banking Institutions (SIs) in the Single Supervisory Mechanism (SSM) and the Financial Market Infrastructures (FMIs) operated by the Eurosystem. From an institutional perspective, the review included the ECB’s relevant organizational units in the ECB Banking Supervision, Directorate General Market Infrastructure and Payments (DG-MIP), and the European Supervisory Authorities’ (ESA) joint Directorate in charge for Digital Operational Resilience Act (DORA) oversight; jointly referred to as ‘authorities’.
Subject: Cyber risk, Financial markets, Financial regulation and supervision, Financial Sector Assessment Program, Financial sector policy and analysis, Operational risk, Payment systems, PFM information systems, Public financial management (PFM), Technology
Keywords: chief information security officer, Cyber risk, Financial Sector Assessment Program, FMI oversight, Global, markets authority, Operational risk, oversight practice, Payment systems, PFM information systems, resilience oversight expectation, staff team of the International Monetary Fund
Pages:
24
Volume:
2025
DOI:
Issue:
213
Series:
Country Report No. 2025/213
Stock No:
1EUREA2025010
ISBN:
9798229019873
ISSN:
1934-7685




