EBF MORNING BRIEF Tuesday 17 June 2025 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 Politico: EU urges Trump to ditch trade war as G7 kicks off European leaders used the G7 summit to urge President Trump to stop escalating trade tensions, arguing that the EU cannot ramp up defence spending while managing a trade war at the same time, writes Politico. Read more The Banker: AI as a weapon in the AML fight AI is becoming a key ally in financial crime compliance, with tools like SymphonyAI’s Sensa automating fraud detection and SAR drafting, especially relevant in Asia where over half of banks still lack AI in AML systems, writes The Banker. Read more S&P Global Market Intelligence: New Swiss rules may force UBS to review global franchise, curb buybacks A significant increase in regulatory requirements may constrain UBS' financial flexibility, increase its cost of capital and put it at a disadvantage to global peers, analysts said. Read more. Risk.net: Trading venues seen as easiest targets for Esma supervision Trading platforms may be the first entities brought under ESMA’s direct supervision as part of the EU’s capital markets reforms, due to their relatively simple regulatory profile compared to funds or post-trade firms, reports Risk.net. Read more |
|
EVENTS -
Deutsche Bundesbank ‘ETFs einfach erklärt – Hauptverwaltung in Berlin und Brandenburg’ Forum -
European Banking Authority: Training on Market Risk Benchmarking
|
|
FROM EBF MEMBERS Finance Denmark: Consultation response – Revised guidance on risk assessment of associations Finance Denmark has submitted comments on the updated guidance for assessing the money laundering risks linked to associations, emphasizing the need for clarity and proportionality. Read more (DA) UK Finance: Increased SME lending by high street banks UK Finance reports a rise in SME lending by high street banks in Q1 2025, with nearly £15 billion extended to support business growth and working capital. Read more Febelfin: New flyer – All the information needed to report an online scam to the police Febelfin has published a practical flyer that helps victims of online fraud report incidents efficiently to the police, aiming to streamline the process and reduce underreporting. Read more (FR) |
|
FROM THE INSTITUTIONS European Central Bank: Financial market volatility and economic policy uncertainty: bridging the gap Following the 2 April US tariff announcement, euro area financial volatility spiked, aligning with already-elevated policy uncertainty levels, the ECB finds. Read more Bank for International Settlements: Household perceptions and expectations in the wake of the inflation surge: survey evidence A global survey shows household inflation expectations remain elevated despite falling inflation, highlighting the importance of central bank communication in anchoring expectations. Read more European Systemic Risk Board: Riding the rate wave: interest rate and run risks in euro area banks during the 2022–2023 monetary cycle The ESRB finds that euro area banks carried large unrealised losses during recent rate hikes, with some offset by deposit franchise gains, but latent vulnerabilities remain. Read more European Securities and Markets Authority: ESMA’s activities in 2024 focused on strengthening the EU capital markets and putting citizens and businesses at the heart of it ESMA’s 2024 Annual Report outlines progress on crypto regulation, T+1 settlement, data hubs, and retail investor protection, alongside supervisory enhancements and future ESG roles. 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 r.hrelja@ebf.eu European Banking Federation Avenue des Arts 56, B-1000 Brussels, Belgium |
|
|
|