EBF MORNING BRIEF Monday 10 February 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.
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FROM THE MEDIA Financial Times: Head of UK financial ombudsman quits unexpectedly Abby Thomas resigned amid a major review of the UK’s financial redress system, reports the Financial Times. Read more.
MLex: EU central counterparties' authorizations, validations open for feedback
The European Securities and Markets Authority has opened for feedback its provisions on the conditions for EU central counterparties' authorizations and validations. Read more.
The Banker: FCA chief backs more flexible accountability rules for junior bankers
Nikhil Rathi, chief executive of the UK's Financial Conduct Authority, supports government efforts to adopt a more proportionate and flexible approach to holding junior City staff accountable, reports The Banker. Read more. |
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EVENTS Artificial Intelligence Action Summit Deutsche Bundesbank ‘Turning point in money – will the euro also become digital?’ Bundesbank Forum Deutsche Bundesbank: Navigating in Times of Change: Geopolitics, Inflation and the Economy. Bundesbank Forum Council Horizontal Working Party on Cyber Issues Council Working Party on Financial Services and the Banking Union (Banking Union) |
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FROM EBF Save the date for the European Money Week inauguration! On March 18 at 9 AM, join us at the EBF Premises for the 11th edition of European Money Week, themed "From Financial Literacy to European Legacy: Building Financially Resilient Generations." This year's event highlights the importance of equipping citizens with the knowledge and skills necessary for a stronger financial future. Read more and register here
Slawomir Krupa Has Been Elected Our New EBF President
The European Banking Federation (EBF) has announced the election of Mr. Slawomir Krupa as its new President. Mr. Krupa, CEO of Société Générale, will officially assume the role on 1 March 2025. He succeeds Christian Sewing, CEO at Deutsche Bank, who will conclude his two-year term at the end of February. Read more
New EBF Position Paper! Simplification of the EU Sustainable Finance Framework Omnibus Legislative Proposal Proposal The omnibus simplification initiative of the EC is an opportunity to refocus on the core elements that are needed to achieve the EU environmental objectives. It is a logical step in the context of the EC’s policies and initiatives outlined in the recently published competitiveness compass. Europe’s global competitiveness and climate goals can and should go hand in hand. Read more
New EBF Vacancies! Work with us!
Visit our Vacancies page to learn more about the EBF Events Trainee opening. Read more |
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FROM EBF MEMBERS Czech Banking Association: CNB Lowers Base Interest Rate to 3.75% The Czech National Bank has reduced the base interest rate to 3.75%, impacting borrowing costs and financial markets. Read more (CZ).
Hellenic Bank Association: January 2025 Financial Bulletin
HBA publishes its latest bulletin covering key financial and banking sector developments in Greece. Read more (EL).
Finance Norway: EU Moves Toward Regulatory Simplification
Finance Norway highlights EU efforts to reduce regulatory complexity for financial institutions. Read more (NO).
Icelandic Financial Services Association: Legal Reform to Improve Efficiency
SFF discusses how a recent legal amendment presents significant opportunities for operational streamlining in the financial sector. Read more (IS). |
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FROM THE INSTITUTIONS European Central Bank: Eurosystem launches new service for instant payments settlement The ECB has announced the launch of a new Eurosystem service, TIPS (TARGET Instant Payment Settlement), enabling faster and more secure instant payments across Europe. 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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