European Central Bank supervisory chief Claudia Buch and Single Resolution Board Chair Dominique Laboureix published recommendations on November 6, 2026 for EU legislators weighing reforms to support banking competitiveness. In a blog post responding to a European Commission plan to rewrite some banking regulation, they said simplification cannot come at the expense of resilience and called for a common European deposit insurance framework.
EU legislators rewriting the banking rulebook now have the ECB's and the SRB's positions on record, including their call for a common European deposit insurance framework, a step that would change how bank failures are funded across the bloc.
European Central Bank supervisory chief Claudia Buch and Single Resolution Board Chair Dominique Laboureix published recommendations on November 6, 2026 for EU legislators weighing reforms intended to support banking competitiveness, in a blog post responding to a European Commission plan to rewrite some banking regulation.
The recommendations mix proposed changes to the existing framework with calls to keep parts of the current rulebook intact. Buch and Laboureix said simplification cannot come at the expense of resilience, arguing the framework was built on the experience of past crises and that this experience still matters.
They also said simplification should not mean moving away from internationally agreed standards, and that simpler rules should not blur institutional responsibilities, noting supervisors and macroprudential and resolution authorities have complementary but distinct mandates.
On the banking union, the two called for a common European framework for deposit insurance as the still missing third pillar. They said banks should be able to move capital and liquidity more freely within their groups, which they said would improve efficiency in normal times and help buffer adverse shocks more flexibly.
They further called for a stronger framework for liquidity in resolution, saying credible arrangements to provide liquidity during and immediately after resolution would give authorities and markets greater confidence that a viable bank can continue operating.
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