FROM THE MEDIA

Bloomberg: Banker bonuses always send a powerful message

The ECB is right to rein in Deutsche Bank’s 2020 rewards, but Wall Street and London will try to exploit any sign of curbs on top-level European pay, writes Bloomberg's Marcus Ashworth. Read more 

S&P Global: UK banks' COVID-19 loan debts could see costs increase 

Banks in the U.K. face a sharp increase in costs to recover state-backed loans, while widespread defaults could also lead to tax hikes, reports S&P Global Markets Intelligence. Read more 

Finextra: EBA calls on regulators to get tough with banks over data sharing

The European Banking Authority is calling on national supervisory authorities to take action against banks limiting access to payment accounts for third parties, Finextra reports. Read more 

MAIN EVENTS today

• EPFSF Virtual Winter Conference 2021 'Shaping the Future of Europe', three day-event

• European Parliament Committee on Economic and Monetary Affairs meeting

• European Parliament Committee on Employment and Social Affairs meeting

• Council informal videoconference of European affairs ministers 

• European Court of Auditors review of EU action to address low digital skills

• EPC ‘Boosting AI uptake in Europe: Charting a path to growth and innovation’ event

• European Council Ad Hoc Working Party on the Strengthening of the Banking Union meeting

• European Internet Forum ‘EU Industrial Policy for Digital leadership’ event

• CERRE ‘New ways of regulatory oversight for the digital economy’ webinar

• EBF Payment Systems Committee virtual meeting

• EBF Secondary Markets Working Group virtual meeting

FROM THE EBF MEMBERS

Bankenverband: Don't Be Afraid of Investing - How to Start Investing

The first steps in investing are not without: What is the right investment for me? How much can I invest monthly? Bankenverband's (The Association of German Banks) Juliane Weiss shares the best tips for beginners. Read more (DE)

NVB: 250 ATMs open again as from 31 March

Banks and Geldmaat (Dutch ATMs) have worked out a structural solution for the safe deposit of packaged cash in ATM machines. Geldmaat will therefore reopen 250 ATMs on 31 March. From that moment on 10 to 15 ATMs will be added every week, the Dutch Banking Association (NVB) reports. Read more (NL)

SBA: For a clear strategy towards more sustainability 

The Federal Council has developed a strategy on how Switzerland can contribute to the achievement of the UN Agenda 2030 and has assigned a central role to the financial centre. The SBA (Swiss Bankers Association) welcomes this assessment and wants to help the industry take the important steps that are needed.

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EPFSF Virtual Winter Conference 2021: “Shaping the Future of Europe”

Online conference, 23-24 and 25 February 2021

The EPSF Virtual Winter Conference 2021 “Shaping the Future of Europe” organised by the European Parliamentary Financial Services Forum (EPFSF) will start on Tuesday 23 February. The conference will be opened by Commissioner McGuinness delivering a high-level address, and a closing keynote message by the Secretary of State of Finance of Portugal, João Nuno Mendes. Throughout the conference, members of the European Parliament’s various committees, expert panellists, including EBF members will discuss various topics focusing on the kind of economic and financial system Europe seeks to support for its citizens. 
 

Register and find out more HERE

FROM THE INSTITUTIONS

ECB published opinion on MiCA regulation proposal

The European Central Bank (ECB) has published its opinion on a proposal for a regulation on Markets in Crypto-assets (MiCA). The ECB welcomes the initiative of the European Commission to establish a harmonised framework at European Union level for crypto-assets and related activities and services. Read more

ECB: Upholding Europe's team effort

The response to the pandemic crisis stands out from previous ones in that the level of policy alignment has been truly unprecedented, said ECB's President Lagarde at the opening plenary session of the European Parliamentary Week 2021 in virtual format. Read more

FROM THE EUROPEAN BANKING FEDERATION 

Ana Botín appointed as new EBF President

The European Banking Federation today takes great pride in the appointment of Ana Botín-Sanz de Sautuola y O’Shea, Group Executive Chairman at Banco Santander SA, as its next President. She will succeed Jean Pierre Mustier, Chief Executive Officer of Unicredit Group. Ana Botín’s appointment is for a two-year term. Read more
 

Data reporting: EBF supports single EU data dictionary

The European Banking Federation is calling on all financial sector authorities in the European Union to support the creation of a single EU data dictionary. Such dictionary is to be the key cornerstone underpinning a much-needed integrated and standardized framework for data reporting that can contribute to better supervision and support financial stability by enabling improved data quality and reducing the reporting burden for financial institutions. Read more

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The Evolution of Cloud Banking:
Successful Implementation & Frameworks

Online webinar, Tuesday 2 March, 15:30 CET / 14:30 GMT
 

As customer interactions become digital by necessity and as mandatory remote working become “normal,” public cloud adoption and migration has moved to the top of banking institutions’ C-suite agendas. In a world where business disruption is the rule and not the exception, banks need IT environments that are optimized to support change. Public cloud offers a range of cost, agility and efficiency benefits, but it’s not just about technology. 
 

Register and find out more HERE

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European Banking Federation