EBF MORNING BRIEF Tuesday 13 May 2025 Good morning. Here are the top news stories and events in European banking, financial regulation and EU policy, brought to you by the European Banking Federation. Recommend the EBF newsletters to a colleague. Click here to sign up! |
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FROM THE MEDIA The Banker: Regulators in emerging markets should consider alternative data for credit scoring World Bank and CGAP experts argue that using digital transaction data instead of traditional collateral can improve SME access to finance, but call for regulatory reforms in emerging markets, writes The Banker. Read more Financial Times: Andrea Orcel says UniCredit will not complete deals unless they boost value UniCredit CEO Andrea Orcel said the bank would walk away from deals for Banco BPM and Commerzbank unless they deliver shareholder value, despite reporting record profits, writes the FT. Read more Reuters: Markets reduce bets on ECB rate cuts after US-China talks, Schnabel remarks Eurozone bond yields climbed and expectations for ECB rate cuts eased after trade tensions abated and ECBâs Isabel Schnabel warned against further monetary easing, reports Reuters. Read more Risk.net: After tariff rout, hedge funds revive euro rate steepeners Hedge funds are re-entering euro rate steepener trades following Aprilâs volatility, anticipating wider spreads in euro interest rate swaps due to reforms and easing expectations, reports Risk.net. Read more |
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EVENTS Bank of England: Asset Purchase Facility Quarterly Report (2025 Q1) â data release EBA Public hearing on Regulatory Technical Standards on on the threshold of activity at which Central Securities Depositories (CSDs) providing âbanking-type ancillary servicesâ European Corporate Governance Conference: Unlocking European Competitiveness |
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FROM EBF EBF Calls for Pragmatic Simplification of European Sustainability Reporting Standards The European Banking Federation (EBF) has submitted its detailed response to EFRAGâs consultation on the simplification of Set 1 of the European Sustainability Reporting Standards (ESRS). In its response, the EBF emphasizes the need for a pragmatic, principles-based approach that ensures meaningful sustainability reporting without imposing disproportionate burdens on preparers, especially within the banking sector. Read more EBF Vacancy! Work with us! Visit our Vacancies page to learn more about the opening. Read more |
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FROM EBF MEMBERS Banking & Payments Federation Ireland: BPFI Position Paper on Simplification of the EU Sustainable Finance Framework BPFI publishes its position on the EUâs Omnibus legislative proposal, calling for a more streamlined and practical approach to sustainable finance. Read more. Czech Banking Association: Strong March Economic Data Clouded by Weak Industrial Wages, Leading to Surprising Growth Structure CBA analyses recent economic data, noting that while growth was stronger than expected in March, it was driven by surprising underlying components. Read more (CZ). Finance Latvia: Estonia Allowed Pension Withdrawals â What Were the Consequences and What Can We Learn? Finance Latvia examines the impact of Estoniaâs decision to allow early pension withdrawals and considers lessons for Latviaâs own pension system. Read more (LV). Swedish Bankersâ Association: Threat Assessment for Swedish Banks â 2025 Finance Sweden releases its 2025 threat landscape assessment for the banking sector, covering geopolitical risk, cyberattacks and financial crime. Read more (SV). |
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FROM THE INSTITUTIONS European Central Bank: Rational inattention during an RCT A new ECB working paper introduces an information provision experiment into a dynamic rational inattention model, offering analytical insights into how treatment effects vary with environmental and individual characteristics, helping explain empirical findings from survey-based experiments. Read more |
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ABOUT THE EUROPEAN BANKING FEDERATION The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe. The federation is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere. Website: www.ebf.eu |
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This newsletter is published by the EBF Mediacentre. For questions or suggestions contact [email protected] European Banking Federation Avenue des Arts 56, B-1000 Brussels, Belgium |
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