EBF MORNING BRIEF Tuesday 8 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
Bloomberg: ECB decision to assess faster disinflation
The European Central Bank (ECB) will need to evaluate faster disinflation and weaker growth at next week’s policy meeting, according to Executive Board member Piero Cipollone. “We could get a growth that is a little bit slower than what we were thinking,” he told in an interview reported by Bloomberg. Read more
Reuters: Eurozone investor morale rises in October on brighter expectations
According to Reuters, investor morale in the Eurozone unexpectedly rose in October after three consecutive months of decline, boosted by rising expectations even as dissatisfaction with the current situation hit a new low this year. Read more
The Banker: Innovation in Digital Banking Awards 2024
The Innovation in Digital Banking Awards submissions covered a wide range of banking services. According to The Banker, while digital transformation remains a constant, many banks are working on generative artificial intelligence, tokenisation and enabling an expansive marketplace to gain access to a range of financial services. Read more |
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FROM EBF MEMBERS Finance Latvia: TOP 3 most common types of money fraud Marija Celma, Luminor Bank's fraud prevention expert, shares what are currently the TOP 3 most common ways people are defrauded and how not to become a victim. Read more (LV)
Finance UK: Authorised push payment fraud reimbursement
Authorised push payment (APP) fraud happens when you are tricked by a criminal into sending money by bank payment to an account that they control and which you do not. Rules have been set by the Payment Systems Regulator (PSR), and only apply to payments made on, or after 7 October 2024. Read more
AEB: Alejandra Kindelán highlights the responsible digitalization of the banking sector
The president of the Spanish Banking Association (AEB), Alejandra Kindelán, has underlined the banking sector's firm commitment to responsible digitalisation, designed to make people's daily lives easier and to support families and businesses. Read more (ES) |
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FROM THE INSTITUTIONS
ECB: The transmission of monetary policy
The European Central Bank (ECB) has published the slides by Philip R. Lane, Member of the Executive Board of the ECB, at the ECB Conference on Monetary Policy 2024: bridging science and practice. Read more
EIOPA: Value for money benchmark methodology for unit-linked and hybrid insurance products
The European Insurance and Occupational Pensions Authority (EIOPA) has published its methodology on setting value-for-money benchmarks for unit-linked and hybrid insurance products. Read more
ESAs: Joint Committee to focus on digital resilience and sustainability disclosures in 2025
The Joint Committee of the European Supervisory Authorities (ESAs) has published its Work Programme for 2025, placing particular emphasis on ongoing collaboration to tackle cross-sectoral risks, promoting sustainability in the EU financial system and strengthening financial entities’ digital resilience. 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
Joint Association Statement on MIFIR RTS 2 Post-trade Deferrals for Bonds
The European Banking Federation (EBF), together with the Association for Financial Markets in Europe (AFME), BVI (German Investment Funds Association), Bundesverband der Wertpapierfirmen (BWF), the European Fund and Asset Management Association (EFAMA) and the International Capital Markets Association (ICMA) released a joint statement on MIFIR RTS 2 post-trade deferrals for bonds. Read more
Reduction of reporting burdens
The quality of the European legal framework is key to its competitiveness. More than a year ago, the European Banking Federation (EBF) has prepared a paper with the aim to contribute to the debate on simplification of the reporting requirements and the reduction of inconsistencies withing the EU legislative framework, focusing on ESG data requirements. 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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