EBF MORNING BRIEF Wednesday 21 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: MUFG on what makes Japanese banks underestimated MUFGâs Phil Roberts highlights the long-term global vision of Japanese banks and how MUFGâs steady expansion across Europe and project finance reflects this strategic approach, reports The Banker. Read more Politico: EU-UK defense pact saves the hard part for later The EU and UK agreed to explore UK participation in the blocâs âŹ150bn defense fund, but key details, including access for British firms, remain unresolved, writes Politico. Read more Bloomberg: UBS Set to Lose First Round of Fight Over Swiss Capital Hike UBS may be forced to hold more capital at its foreign subsidiaries under a proposed Swiss law, potentially affecting its business operations and market value, reports Bloomberg. Read more |
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MAIN EVENTS Coreper II â meeting Council Horizontal Working Party on Cyber Issues CPDP conference on data protection, privacy and AI (EOâR) Internet Forum âA Union of Skills: Moving the needle on AI and Cyber Skillsâ event |
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FROM THE EBF Less is More Report in Milan The "Less is More Report â Proposals to Simplify and Improve European Rule-Making in the Financial Services Sector," first presented at the European Parliament on April 30, was discussed in Milan on May 20 at the Catholic University of the Sacred Heart, where our CEO Wim Mijs joined prominent speakers including Giovanni Sabatini, Filippo Annunziata, Concetta Brescia Morra, Stefano Capello, and Denis Nesci. Discover more EBF Board Highlights - A competitiveness and growth regulatory mindset for Europeâs banks As global dynamics shift, Europe must secure growth, prosperity, and safety. The EU needs an âŹ800 billion annual investment gap and another âŹ800 billion by 2030 for security and defense. The European Commissionâs Competitiveness Compass focuses on three priorities: boosting innovation, accelerating decarbonisation and competitiveness, and reducing strategic dependencies. Read more EBF Vacancies! Work with us! Visit our Vacancies page to learn more about the opening. Read more |
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FROM EBF MEMBERS UK Finance: Financial Services Leaders Outline Four Key Pillars to Unlock UK Growth UK Finance and industry leaders present a four-pillar strategy to enhance competitiveness and drive long-term economic growth in the UK. Read more. Association of Banks in Bulgaria: Continued Implementation of Final Eurozone Entry Criterion Welcomed The Association of Banks in Bulgaria supports the countryâs commitment to fulfilling the last requirement for euro adoption from 1 January 2026. Read more. Banking & Payments Federation Ireland: National Banking Conference 2025 Announced BPFI announces the 2025 edition of its flagship conference, focusing on transformation, trust, and innovation in banking. Read more. Italian Banking Association: ABI to Chair the European Banking Federationâs Tech & Risk Group ABI announces it will hold the presidency of the EBFâs Tech & Risk Group, with Gianluca Tiani, ABI's Chief Digital Officer, as Chair, reinforcing its role in digital innovation and regulatory coordination. Read more (IT). |
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FROM THE INSTITUTIONS European Banking Authority: The EBA publishes 2024 Report of its key achievements and activities The EBA reports 93% delivery on its 2024 work plan, including Basel III implementation, sustainable finance, stress testing, and enhanced risk monitoring. Read more Bank for International Settlements: Rethinking banks' liquidity requirements The BIS proposes a new framework aligning minimum liquidity requirements with central bank support to better respond to extreme liquidity stress. Read more European Central Bank: Risks to euro area financial stability from trade tensions The ECB highlights how trade policy uncertainty can harm banksâ funding, profitability and lending, urging strong buffers and diversification to manage risks. 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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