EBF MORNING BRIEF Monday 26 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 Bloomberg: EU to Delay Capital Rules for Bank Trading Desks by One Year The European Commission has postponed the Fundamental Review of the Trading Book to 2027 to prevent European banks from facing competitive disadvantages compared to US peers, reports Bloomberg. Read more Financial Times: Bank of England should stay in its âswim laneâ on climate risks, says deputy governor Deputy Governor Sarah Breeden argued the BoE should focus on risk management rather than shaping climate policy, stating that net-zero pathways are for elected politicians to decide, writes the FT. Read more Politico: French minister dials back suggestion to get rid of cash to fight drug dealing Franceâs Justice Minister GĂ©rald Darmanin walked back comments on scrapping cash to curb drug trafficking, citing political and social concerns, reports Politico. Read more The Banker: How regs are defining the crypto arms race As the US advances crypto regulation and the EU enforces its MiCA framework, the UKâs uncertain stance risks driving innovation elsewhere, writes The Banker. Read more |
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EVENTS Wolt event â Empowering Local Commerce: Thriving in the Digital Era |
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FROM EBF European Money Quiz 2025 final was last Friday! On Friday, the Italian team won the European Money Quiz, Europeâs largest financial literacy competition for 13â15-year-olds, organised by the European Banking Federation (EBF). National winners from 30 countries gathered in Brussels to compete for the title of European champions. The team from Republic of North Macedonia took second place, while Sweden secured third. 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 Luxembourg Bankers' Association: Launch of the ABBL Task Force on Regulatory Best Practices in Sustainable Finance ABBL has established a task force to identify and promote regulatory best practices that support the transition to sustainable finance. Read more. UK Finance: Why Synthetic Identity Fraud Detection Must Go Beyond Onboarding UK Finance warns that combating synthetic identity fraud requires continuous monitoring throughout the customer lifecycle, not just at onboarding. Read more. Lithuanian Banking Association: âFinance Eurovisionâ in Brussels â Lithuanian Students Among the Participants LBA highlights Lithuaniaâs participation in the European Money Quiz finals in Brussels, celebrating studentsâ financial literacy achievements. Read more (LT). Italian Banking Association: Mattei Plan â Results Achieved and Future Projects for Africa ABI presents outcomes and future goals of Italyâs âMattei Planâ to strengthen cooperation and development financing in Africa. Read more (IT). |
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FROM THE INSTITUTIONS European Central Bank: The European economy is not drought-proof ECB warns that ecosystem degradation, especially water scarcity, poses significant risks to growth and financial stability, with nearly 15% of euro area GDP exposed to surface water shortages. 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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