EBF MORNING BRIEF Tuesday 25 July 2023 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! |
|
|
FROM THE MEDIA Reuters: Will ECB slow interest rate hikes as eurozone inflation cools? The European Central Bank (ECB) looks set to pull the rate-hike trigger on Thursday, but what it will do after July is less certain, and financial markets are craving some guidance. This article by Reuters goes through the five key questions for markets. Read more FT: UK to summon banks to address ‘de-banking’ after Farage furore The Treasury will summon the heads of the UK's biggest banks to explain how they intend to ensure that customers are not “de-banked” for their political views. Banks will be asked how they will make sure “customers can access accounts without fear of being de-banked for their lawful expression”, according to a letter seen by the Financial Times (FT). Read more The Paypers: EPI's latest updates and vision for a European-grown all-in-one digital wallet and payment solution Martina Weimert, CEO of the European Payments Initiative (EPI), provides the latest updates on EPI's goal to establish a unified European payment solution in an interview with The Paypers. EPI solution aims to become a new standard in payments for European consumers across all types of retail transactions including in-store, online, and peer-to-peer. Read more |
|
MAIN EVENTS For a full-year overview of key financial regulation events: click here |
|
FROM EBF MEMBERS FBF: French banks maintain wide access to cash Every year, the National Payment Methods Committee (CNMP), of which the French Banking Federation (FBF) holds the vice-presidency, publishes the figures on access to cash in France. Data show that the local relational model is a hallmark of banks in France, which is reflected by a broad anchoring in the territories. Read more (FR) ABI: Clarifications on the EU management of banking crises welcomed Antonio Patuelli, President of the Italian Banking Association (ABI), and Giovanni Sabatini, ABI General Manager express their satisfaction with clarifications by Mairead McGuinness, European Commissioner for Financial Services, Financial Stability and Capital Markets Union, on the European Commission on the management of possible banking crises. Read more (IT) Finance Finland: Government program includes many good proposals Many of the upcoming government measures will be a welcomed boost to ownership and wealth creation in Finland. According to Finance Finland, a good example is the children’s savings account proposed in the program. Read more (FI) |
|
FROM THE INSTITUTIONS ECB: Consultation on risk data aggregation The European Central Bank (ECB) is asking banks and other stakeholders to comment on the ECB's guide to effective risk data aggregation and reporting, which details its supervisory expectations for governance and risk management. Read more EIOPA: Open Insurance use case The European Insurance and Occupational Pensions Authority (EIOPA) has launched a consultation on an Open Insurance use case by publishing a Discussion Paper examining the key features of an insurance dashboard. Read more EBA: Report on interdependent assets and liabilities in NSFR The European Banking Authority (EBA) published its Report on the treatment of interdependent assets and liabilities in the net stable funding ratio (NSFR). The report assesses the conditions under which assets and liabilities can be treated as interdependent in the NSFR and the description of the list of activities meeting those conditions. Read more |
|
FROM THE EBF New EBF Vacancies! Work with us! Visit our Vacancies page to learn more about the opening positions at the EBF. 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 |
|
This newsletter is published by the EBF Mediacentre. For questions or suggestions contact v[email protected] European Banking Federation Avenue des Arts 56, B-1000 Brussels, Belgium |
|
|
|