📝EBF Morning Brief - Monday 7 April 2025: After tariff shock, Trump may weaponise finance against allies

EBF MORNING BRIEF Monday 7 April 2025

FROM THE MEDIA

Reuters: After tariff shock, Trump may weaponise finance against allies

According to Reuters, with Trump’s new tariffs just announced, many are bracing for his next move to pressure trading partners. Read more

Risk.net: Top 10 op risks: Why cyber risk looms larger than its losses

Cyber risk remains the top operational concern for financial firms for the third year running, driven more by fear of future threats than by actual losses, writes Risk.net. Read more

The Banker: US banks risk EU action amid escalating trade tensions

As The Banker reports, US financial firms could be hit if the EU retaliates against Trump’s trade war by restricting their activities, experts say. Read more

EVENTS

Bank of England to visit Darlington to hear the views of local people about the cost of living - event details

Committee on the Internal Market and Consumer Protection

ERA’s 2025 Annual Conference looks at AI and fundamental rights

Fortinet ‘Accelerate25’ conference

Council Horizontal Working Party on Cyber Issues

ESGB ‘Savings and Investments Union Unpacked: Lessons from Sweden’ event

Committee on Budgetary Control Joint meeting

Public Hearing on the Rule of Law Conditionality Mechanism

FROM EBF

New EBF Vacancy! Work with us!

Visit our Vacancies page to learn more about the opening. Read more

EBF response to European Commission consultation on Taxonomy Disclosures Delegated Act

The European Banking Federation (EBF) has submitted its response to the European Commission’s consultation on the Taxonomy Disclosures Delegated Act. While welcoming the initial steps toward simplification, EBF highlights that substantial challenges for banks remain. Read more

New EBF article! - Savings and Investments Union (SIU): A watershed moment?

In this article, our deputy CEO Sébastien de Brouwer poses a key question: Is Savings and Investments Union (SIU) the watershed moment Europe needs and deserves? Read more

FROM EBF MEMBERS

Swiss Banking: SBA recommends concrete measures to improve collaborative fraud prevention in Swiss payments

Several Swiss banks have conducted a preliminary study together with the Swiss Bankers Association (SBA) to investigate possible measures for collaborative fraud prevention in Swiss account-to-account payments. Read more

Febelfin: Fight against money laundering: the key role of financial institutions

Febelfin has published a brochure outlining the key role and responsibilities of financial institutions in combating money laundering. Read more (FR)

Association of Banks in Bulgaria: ABB published information about the Bulgarian banking system in 2024

ABB published its annual information with key highlights on the economy and the banking sector in Bulgaria in 2024. Read more

Bank Association of Slovenia: Banks and savings banks warn about increasing online fraud

Slovenian banks launched a 2025 campaign to raise awareness about rising online fraud. Read more (SI)

FROM THE INSTITUTIONS

European Central Bank: When investors move in: new dynamics in European housing markets

The ECB blog post explains how the growing role of investors in European housing markets is changing market dynamics, contributing to rising house prices, and posing new challenges for financial stability. 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