ECB Gives Banks Longer Lead Time for Upcoming Supervisory Reviews

The European Central Bank is granting lenders additional time to prepare for forthcoming thematic and regulatory reviews, according to people familiar with the decision. The move means banks will receive earlier notice of their inclusion in investigations, giving them longer lead times to assemble documentation and address preliminary queries. Supervised institutions had previously raised concerns that short preparation windows strained compliance resources. By lengthening the notice period, the ECB aims to improve the quality of information submitted and reduce the risk of last-minute delays, while preserving the scope and rigor of its supervisory examinations. The central bank has not publicly specified the new deadlines, but officials indicated the extension applies to reviews scheduled for later this year.