EBF MORNING BRIEF Monday 15 March 2021 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 Podcasts: Banks' big green EU taxonomy challenge Investors and banks have less than a year to comply with the European Union’s new taxonomy for sustainable activities. The latest ESG Insider podcast explores the challenges financial institutions face in applying the taxonomy to their portfolios, featuring interviews with the European Banking Federation and the head of sustainable markets at Dutch bank ING Group. Listen on SoundCloud, Spotify and Apple Podcasts FT: Problems mount for Bank of England governor after weathering Covid storm Andrew Bailey’s challenges as governor of the Bank of England are mounting as he enters his second year in the job, having successfully helped to steer Britain’s economy through the initial storm of the coronavirus pandemic, FT reports. Read more Bloomberg: Public debt isn't the problem, soaring deficits are Given how cheap it is to do so, thanks to central banks maintaining negative and low interest rates and buying up bonds en masse, this hasn’t been a problem. But debt and deficits are set to remain elevated for years to come, Boomberg reports. Read more |
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EVENT SERIES ON FINANCIAL LITERACY IN EUROPE DAY 2: Addressing the gender gap in financial literacy as part of a broader strategy for economic empowerment Wednesday 24 March, 16:00 CET  Financial education and Gender Equality are central to delivering a thriving European economy. Join our event on addressing the gender gap in financial literacy as part of a broader strategy for economic empowerment. READ MORE. Do not miss DAY 1 and DAY 3 events! |
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MAIN EVENTS today -
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EBF Financial Education Project Group virtual meeting -
EBF Public Affairs Network virtual meeting (Guest speaker: Martin Merlin, DG FISMA)
For a full-year overview of key financial regulation events: click here |
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FROM THE EBF MEMBERS Finance Denmark: Ready-made money! Today, the students in the oldest classes in the primary and lower secondary school will zoom in on budget, consumption and payslip. This happens when the Money Week teaching with a focus on personal finance is launched. This year, it will be exclusively in virtual classrooms. Read more (DK) Febelfin: Anyone can become a victim of cyber fraud "At Febelfin we have noticed that many people go along with the story of the fraudsters. That is why awareness-raising is crucial." Karel Baert, our CEO, on phishing. Read more (NL) Bankenverband: Overview of aid for businesses Since the outbreak of the Corona pandemic, there have been many different measures and offers for businesses at the federal, state and European level. Read more (DE) |
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FROM THE INSTITUTIONS EBA: Digital Currencies: A first look at potential opportunities and challenges for banks The European Banking Authority (EBA) has published a briefing on digital currencies and the potential opportunities and challenges for banks. Read more ECON Committee Distributed Ledger Technology The ECON Committee has published draft amendments to the proposal for a regulation on a pilot regime for market infrastructures based on distributed ledger technology. Read more ECB: Fighting biases and empowering women How can we empower women to aim high? ECB President Christine Lagarde and Ursula von der Leyen, President of the European Commission, talk about this and share their personal experiences as female leaders. Listen to the podcast European Commission weekly schedule Find out more about the European Commission's engagement and activities for the upcoming week. Read more European Central Bank weekly schedule Find out more about the ECB's engagements and activities for the upcoming week. Read more European Parliament weekly schedule Find out more about the Parliament's engagements and activities for the upcoming week. Read more |
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FROM THE EUROPEAN BANKING FEDERATION Proposals for recognition of transition finance in the EU legislation: EBF response EBF published a series of answers to the questions the European Commission addressed to the EU Platform on Sustainable Finance in its call for advice on financing transition. Read more Implementation of the CSDR Settlement Discipline Regime: Trade associations joint letter The EBF and 14 trade associations representing a wide range of stakeholders in the European and global financial markets wrote to the European Commission and ESMA raising concerns about the implementation of the mandatory buy-in requirement under the EU’s CSDRSettlement Discipline Regime. Read more European Banking Federation is hiring! The European Banking Federation is looking for two trainees to join the Communications and Events team and the Financing Growth team. 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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