EBF WEEKLY + FINANCIAL REGULATION AGENDA
For the week starting Monday 10 March 2025

An overview of the main financial regulation and banking stories this week and a look ahead to key events for the upcoming week, brought to you by the European Banking Federation.

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FROM THE MEDIA 

Politico: ECB cuts deposit rate again as Europe heads into uncertain future

The ECB reduced its key deposit rate by 25 basis points to 2.5%, with President Christine Lagarde signaling potential pauses due to economic uncertainty, writes Politico. Read more.

MLex: Banks quizzed on new rules under the EU's anti-money laundering package

European banks are seeking clarification on the EU’s upcoming anti-money laundering regulations to ensure compliance and address potential implementation challenges, reports MLex. Read more.

The Banker: Which UK banks have the most generous parental leave?

A review of UK banks highlights differences in parental leave policies, with some institutions offering more generous benefits than others, writes The Banker. Read more.

FINANCIAL REGULATION AGENDA for next week

Monday 10 March

• Eurogroup – meeting

• Council Horizontal Working Party on Cyber Issues

• Council Working Party on Financial Services and the Banking Union (Banking Union)

Tuesday 11 March

• Bank of England: Mortgage Lenders and Administrators Statistics (2024 Q4) – data release

• Council Economic and Financial Affairs – meeting

• Council Working Party on Hybrid Threats

• CEPS ‘EU Payment Observatory – Leadership through action: tackling late payments in EU G2B transactions’ webinar

Wednesday 12 March

• Polish Central Bank Monetary Policy Council

• European Banking Authority: Workshop on the interplay between PSD 2 and MiCAR

• ECB: Long term interest rates statistics (Feb. 2025) – data release

Thursday 13 March

• Deutsche Bundesbank: ‘Climate change, environment, financial markets, regulation – the view of a central bank’ Forum Bundesbank

• Council Working Party on Financial Services and the Banking Union (Banking Union)

• ECB: Euro area quarterly pension funds statistics (statistical release) (Q4 2024)

• Council Horizontal Working Party on Cyber Issues

Friday 14 March

• Bank of England, Ipsos: Inflation Attitudes Survey (Feb. 2025)

• ECB and Eurosystem templates on international reserves and foreign currency liquidity (Jan. 2025) – data release

UPCOMING EBF EVENTS

European Money Week - March 18 at 9 AM

FROM EBF

Recording and slides available! Exploring Basel III/IV: Scenarios for Financial Stability and Growth - March 5 at 4 PM

The implementation of the Basel III/IV capital reforms has become a political issue while banks are in the final straight. The balance between financial stability and competitiveness has taken over priority at a time when international relationships are being redefined. The US administration is re-evaluating its approach to the reforms, while, the UK has postponed the start of their adoption to 2027. Recording and slides here.

The European Banking Federation welcomes the Omnibus package 

The EBF very much welcomes the Omnibus package published yesterday by the European Commission to streamline and simplify the EU sustainability regulatory framework, which goes hand in hand with the anticipated Clean Industrial Deal. These initiatives are important to boost the competitiveness of European companies and support their transitioning efforts. Read more.

Call for Tender: EU-funded project “Shaping generative AI for a sustainable and fair services economy”

Connect Europe, European Banking Federation and UNI Europa are commencing an EU-funded project “Shaping generative AI for a sustainable and fair services economy”. Read more.

FROM EBF MEMBERS

Finance Denmark: On Monday, It Kicks Off – More Than 600 School Classes Have Personal Finance on the Schedule

Over 600 school classes in Denmark will participate in a financial education initiative aimed at improving students' understanding of personal finance. Read more (DA).

Association of German Banks: After ECB Decision – Good Reasons for a Debate on a Pause in Interest Rate Cuts

BdB discusses the implications of the latest European Central Bank decision and the potential need to reconsider the pace of interest rate reductions. Read more (DE).

Finance Latvia: Inbank Reaches €715 Million in Sales Volume

Finance Latvia reports that Inbank has achieved a sales volume of €715 million, reflecting strong growth in the Latvian financial sector. Read more (LV).

Polish Bank Association: Conference on Bank Margins

ZBP is organizing a conference focused on banking margins, exploring market trends and the impact on the Polish financial sector. Read more (PL).

FROM THE INSTITUTIONS

European Central Bank: Monetary policy decisions

The ECB has lowered key interest rates by 25 basis points, bringing the deposit facility rate to 2.50%, citing progress in disinflation and an updated inflation outlook. 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