Yves Mersch
ECB’s Mersch wants pan-European instant payment system
Executive board member hopes to bypass national schemes and use Sepa infrastructure to deliver pan-European instant payments
ECB’s Mersch warns against blindly pinning hopes on macro-prudential policy
Yves Mersch says there is much to learn about how tools work; sees potential for ‘conflicts of competence’ between micro- and macro-prudential authorities
ECB’s Mersch tells banks to take advantage of reforms
Banks should tap into the ‘sizeable’ opportunities offered by banking union, ECB executive board member says, which could help them provide more credit to SMEs
Mersch lays out path to capital markets union
ECB executive board member says harmonised regulation and ‘institutional adjustments’ needed in Europe; suggests change in securities markets
Euro Retail Payments Board warns of fragmented market for 'instant payments'
Stakeholder group sets up working streams on 'person-to-person' and contactless euro payments; chair Yves Mersch stresses importance of instant clearing services
Mersch: Asset buying may widen income inequality
Non-standard measures ‘shouldn’t last too long’, according to ECB executive board member Yves Mersch, because they could ‘widen income inequality’
Mersch: T2S may prompt ‘more global network for mobilisation of collateral assets'
ECB board member says Target2 offers 'possibilities for linkages' between T2S central securities depositories with those 'from other geographical areas'
‘All pieces are in place' for co-ordinated regulation of European ABS, says Mersch
The various agencies in charge of regulating ABS in the EU should be able to co-ordinate their regulation of the asset class, Yves Mersch says
Mersch fears policy-makers are in last-chance saloon
European voters have given policy-makers the mandate to build a better eurozone, but their patience could run out, ECB executive board member says
Euro Retail Payments Board sets out work plan in wake of Sepa migration
The board creates two working groups in its first meeting; one on post-migration issues, the other on finding Europe-wide solutions for securing electronic mandates for direct debits
Mersch: regional currencies are flawed
ECB executive board member warns that regional money can hamper trade between different parts of the country, while costing commercial partners the opportunity to grow
ECB’s Mersch defiant on OMTs
Yves Mersch tells an audience in Berlin the ECB would be willing to buy government bonds in the secondary market before the European Court of Justice’s ruling on OMTs
Yves Mersch says EU treaty change could entrench monetary and banking union
Changing the EU treaties could, according to Mersch, help strengthen the institutional framework underpinning the Economic and Monetary Union
ECB launches programme to prepare Balkan central banks for EU
Macedonian, Albanian, and Kosovar central banks will benefit from a €500,000 programme and EU expertise to help them prepare to one day join the Eurosystem
Bank of England and ECB in joint call to put ABS back in play
European Central Bank and Bank of England promise more thorough treatment of how to reverse asset-backed securities market decline - which could allow ECB to undertake QE
Yves Mersch urges ABS regulation rethink
European Central Bank executive board member calls for global framework that distinguishes between securitisation instruments of different qualities
Hämäläinen returns to ECB in latest SSM board appointments
Central bank fills three of its four slots for representatives on the SSM’s supervisory board, with former board member Hämäläinen joined by Canadian supervisor Julie Dickson, and the ECB's own Ignazio Angeloni
Mersch cautiously optimistic on RMB internationalisation
Renminbi internationalisation could bring benefits both to China and outsiders, ECB board member says, if Chinese reforms continue and investors take care
ECB monetary policy is feeding through to real economy, says Mersch
Executive board member also underscores importance of cleaning up banks' balance sheets and 'encouraging alternative funding sources', as low interest rates 'cannot raise growth on a structural basis'
Mersch says ABS could help eurozone back to health
Addressing the Ifo Institute in Munich, ECB executive board member Yves Mersch said asset-backed securities have a bad reputation but a role to play in the European economic recovery
Governor of the year: Mario Draghi
Unflappable conviction and outstanding leadership has enabled ECB president Mario Draghi to decisively restore confidence in crisis-hit Europe
Mersch defends ECB’s Chinese walls
European Central Bank executive board member Yves Mersch says plans to keep monetary and supervisory functions separate will ensure any ‘conflicts of interest’ are avoided
ECB’s Mersch warns against excess liquidity policy becoming ‘permanent feature’
Executive board member Yves Mersch says it is now up to banks to make the most of the ‘favourable financing conditions’ created by the ECB
ECB's Mersch touts securitisation of SME loans as way of boosting EU economy
Executive board member says second priority after assessing banks' balance sheets is to support lending to SMEs by strengthening capital markets