EBF MORNING BRIEF Thursday 17 October 2024 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.
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FROM THE MEDIA
Reuters: Inflation expected to stay above ECB target in medium term, survey finds
Economists expect inflation rates to stay above the European Central Bank's (ECB's) 2% target in the medium term, according to a survey published by Germany's Ifo institute and reported by Reuters a day before the central bank holds its next monetary policy meeting. Read more
POLITICO: UK inflation falls below 2 percent
U.K. inflation fell to a three-year low in September, falling below the Bank of England’s 2% target and raising the chances of another interest rate cut in November, POLITICO reports. Read more
FT: EU markets watchdog pushes for extra cyber defences in new crypto rules
Crypto companies should be forced to hold external audits of their cyber defences, according to the EU’s markets regulator, which is urging lawmakers in Brussels to amend the region’s flagship regulation of the sector to better protect consumers, the Financial Times (FT) reports. Read more |
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MAIN EVENTS
Thursday 17 October
Friday 18 October |
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The global banking system remains the beating heart for business, finance and economy, with its leading institutions uniquely positioned to formulate strategies that can bolster connectivity, generate positive outcomes for customers, and innovate for society’s benefit.
The 2024 Financial Times’ Global Banking Summit will confront several top line themes dominating discourse across geopolitics, economics, technology, climate, global business and investment.
EBF’s Deputy Chief Executive Officer, Sébastien de Brouwer, will speak on the Regulatory Leaders panel, discussing how to balance stability with competitiveness on the first day of the summit, from 1:05 PM to 1:35 PM (CET).
Our members are entitled to a 20% discount on both in-person and digital passes, using the following discount code: FTEBF |
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FROM EBF MEMBERS BPFI: Launch of National Payment Strategy The Banking & Payments Federation Ireland (BPFI) welcomes the launch of the National Payment Strategy (NPS) by Minister for Finance, Jack Chambers. Read more ABBL: Fraud alert? Contact the 24/7 Hotline The 49 10 10 hotline in Luxembourg, supported by the Luxembourg Bankers' Association (ABBL), is a reliable resource for reporting financial fraud, available 24 hours a day, 7 days a week. Read more
Finance Latvia: From cases to identity theft - what are the current trends in fraud?
For some time now, fraudsters have moved from stealing physical items to a more dangerous type of fraud - identity theft. While both of these actions cause significant harm to victims, identity theft can have long-term consequences. Read more (LV) |
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FROM THE INSTITUTIONS
ECB: Bank profitability: a mirror of the past, creating a vision for the future
The European Central Bank (ECB) has published the speech by Claudia Buch, Chair of the Supervisory Board of the ECB, at Bocconi University. Read more
BIS: Project Aperta: enabling cross-border data portability through open finance interoperability
The Bank for International Settlements (BIS) is launching Project Aperta to explore how to reduce frictions and costs in global finance by enabling seamless cross-border data portability. Read more
ESAs: Response to the EC’s rejection of the technical standards on registers of information under the DORA and call for swift adoption
The European Supervisory Authorities (ESAs) issued an Opinion on the European Commission’s (EC) rejection of the draft Implementing Technical Standards (ITS) on the registers of information under the Digital Operational Resilience Act (DORA). Read more |
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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 |
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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 |
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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
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