EBF MORNING BRIEF    Tuesday 29 April 2025

FROM THE MEDIA
 

Politico: ECB favoritism has gone from bad to worse, staff say

A new union survey reveals deepening distrust among ECB staff toward President Christine Lagarde and the Executive Board, with concerns about favoritism and a decline in transparency, reports Politico. Read more

The Banker: Blended finance ‘transformational’ but currently ‘underutilised’, says report

Blended finance could mobilize significant private capital into emerging markets but remains underused due to complex structuring and high transaction costs, writes The Banker. Read more

Bloomberg: ECB’s Guindos warns of disorderly market risk amid trade turmoil

European Central Bank Vice President Luis de Guindos warned that financial market volatility triggered by global trade tensions could spiral out of control despite resilient banks, according to Bloomberg. Read more

MAIN EVENTS

• Bundesbank Forum: Where are we in the interest rate cycle? - lecture

• BIS, BoE, ECB, and IMF Spillover Conference: Policy challenges in a fragmenting world: Global trade, exchange rates, and capital flows

• ECB: Monetary developments in the euro area (Mar-2025) – data release

• Working Party on Financial Services and the Banking Union (Banking Union)

FROM THE EBF  

EBF Hosts Fifth Edition of Data Protection Officers Forum

The EBF successfully hosted the fifth edition of its Data Protection Officers Forum (DPO Forum) on 8 April 2025 in Brussels. The event brought together over 70 Data Protection Officers from 16 countries across Europe, alongside representatives from the Data Protection Authorities (DPAs), the European Data Protection Board (EDPB), and the European Commission. Read more

FROM EBF MEMBERS

Association of German Public Banks: New VÖB Committee Offers Development Banks a Platform for IT Topics

Finance Finland: Investigating Workplace Accidents – A Long Tradition in Finland

Finance Finland highlights Finland’s longstanding commitment to systematically investigating workplace accidents to improve safety standards. Read more (FI).

Lithuanian Banking Association: Important Changes to Company Accounting Systems from Autumn 2025

LBA announces upcoming regulatory changes that will require companies to adjust their accounting systems starting in autumn 2025. Read more (LT).

Febelfin: Banking Sector Calls for Fairness, Balance, and Practicality in the Introduction of Capital Gains Tax

Febelfin urges policymakers to ensure that the planned capital gains tax in Belgium is fair, balanced, and practical for the financial sector. Read more (FR).

FROM THE INSTITUTIONS

European Central Bank: Euro area economic and financial developments by institutional sector: fourth quarter of 2024

Euro area net saving stayed stable in 2024; household and corporate debt ratios declined. Read more
 

Bank for International Settlements: IFC Report No 18 Governance and implementation of artificial intelligence in central banks

Central banks are adopting AI but face challenges in governance, security, and data quality. Read more

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

European Banking Federation