EBF MORNING BRIEF Tuesday 25 February 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! |
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FROM THE MEDIA Financial Times: ECB faces risk of ‘sleepwalking’ into too many rate cuts, says top official The ECB must be cautious about further rate cuts and not let market expectations dictate policy, warns Belgium’s central bank governor, reports the Financial Times. Read more. Risk.net: CRR III hangs in the balance as member states push for changes EU member states are demanding modifications to CRR III capital rules, delaying final approval, according to Risk.net. Read more. MLex: WealthTek executive appears in UK court to deny fraud charges WealthTek executive John Dance appeared in a London court to deny fraud charges related to regulatory breaches, reports MLex. Read more. |
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MAIN EVENTS -
Serzycki Award: Participation by Wojciech Wiewiórowski in event organised by the by Polish Data Protection Authority -
ECB: Monthly indicators on government debt securities (Jan. 2025) – data release -
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Council Political and Security Committee - meeting
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UPCOMING EBF EVENTS 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. Register to attend here European Money Week - March 18 at 9 AM Join us at the EBF Premises for the 11th edition of European Money Week, themed "From Financial Literacy to European Legacy: Building Financially Resilient Generations." This year's event highlights the importance of equipping citizens with the knowledge and skills necessary for a stronger financial future. Read more and register here |
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FROM THE EBF 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. New EBF Vacancy! Work with us! Visit our Vacancies page to learn more about the opening. Read more |
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FROM EBF MEMBERS Finance Denmark: Number of Money Laundering Reports Keeps Increasing Denmark has seen a continuous rise in money laundering reports, highlighting the growing regulatory focus on financial crime prevention. Read more (DA). Luxembourg Bankers' Association: Luxembourg’s Banks Face Soaring Compliance Costs ABBL reports that compliance costs for Luxembourg’s banks are rising significantly, posing challenges for the sector’s competitiveness. Read more. French Banking Federation: Omnibus Directive – French Banks’ Proposals for an Ambitious and Effective Europe FBF presents recommendations on the Omnibus Directive, aiming to strengthen the European banking framework. Read more (FR). |
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FROM THE INSTITUTIONS European Central Bank: Critical input disruptions – mapping out the road to EU resilience An ECB study analyzes the economic impact of foreign critical input disruptions, highlighting significant potential losses in value added across European economies, particularly if firms struggle to find alternatives. 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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