As reported on November 6, the European Central Bank is considering a review of bank loans to data centers to assess the risks arising from shifts in AI market sentiment and valuation fluctuations. Senior officials have discussed the plan internally and with supervised banks. The review may include on-site inspections, focusing on how banks assess future cash flows, collateral values, and potential default risks. The scope of the review may be smaller than the leveraged finance review conducted several years ago, and the specific plan has not yet been finalized.