EBF MORNING BRIEF Wednesday 9 April 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.
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FROM THE MEDIA Bloomberg: Trump Dismisses Last-Gasp EU Push to Stop Tariffs Kicking In According to Bloomberg, Donald Trump rejected a last-minute attempt by the European Union to prevent new US tariffs from taking effect. Read more
Financial Times: China vows ‘fight to the end’ after Trump threatens extra 50% tariff
European banks are pushing back against what they see as excessive demands from the European Central Bank over internal risk models used to determine capital requirements, reports Financial Times. Read more
Risk.net: Trading desks want regulators to face down the NMRF monster
Three guardians ensure only accurate trading risk models are used to set capital requirements. One has become overzealous, disrupting banks. As local rule-makers push back, change may be coming, writes Risk.net. Read more |
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MAIN EVENTS -
Bruegel Conference on globalisation and geo-economic fragmentation -
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Council Working Party on Competitiveness and Growth – Internal Market -
Online public event on the Third EIOPA IDD application report -
IBA/ABA 25th Annual US and Europe Tax Practice Trends Conference
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FROM THE EBF
New EBF Vacancies! Work with us!
Visit our Vacancies page to learn more about the opening. Read more
Less is More: Streamlining Banking Regulation in Europe The Less is More report, co-authored by the European Banking Federation and leading experts, calls for simplifying and improving the EU financial regulatory framework to support competitiveness, innovation and trust, while safeguarding financial stability and consumer protection. Read more |
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FROM EBF MEMBERS Swiss Banking: Swiss financial centre remains strong even in turbulent times The Swiss financial centre remains robust despite global economic turbulence, supported by strong fundamentals and a stable framework. Read more
Finance Denmark: We need more women in STEM education — and we have concrete solutions
Finance Denmark urges more women into STEM fields and proposes solutions like better guidance, role models, and school-business cooperation. Read more (DK)
UK Finance: Warm Homes Plan – Consumer misinformation must be tackled
UK Finance highlights the need to tackle consumer misinformation to ensure the success of the UK’s Warm Homes Plan. Read more |
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FROM THE INSTITUTIONS European Central Bank: Empowering Europe: boosting strategic autonomy through the digital euro ECB Executive Board member Piero Cipollone emphasised that completing the EU’s banking union and capital markets union is essential to strengthen Europe’s financial system and competitiveness. Read more European Securities and Markets Authority: ESMA consults on clearing thresholds under EMIR 3 The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is asking for input on the new clearing thresholds under the review of the European Market Infrastructure Regulation (EMIR 3). Read more European Parliament: Public Hearing on the impact of markets in crypto-assets on financial stability Members of the ECON Committee held a dialogue with Executive Vice-President Teresa Ribera on competition policy developments, focusing on state aid, the Clean Industrial Deal, and the Digital Markets Act, with Ribera defending the Commission’s flexible, climate-driven approach and stressing the importance of the energy and banking sectors. Watch the full recording here European Parliament: ECON-ENVI: Exchange of views on Taxonomy ECON and ENVI Members exchanged views with Commissioner Maria Luís Albuquerque on a draft Delegated Regulation amending key EU Taxonomy Acts, which had been published for consultation in February 2025 to simplify sustainability reporting, with adoption planned for April 2025. Watch the full recording here |
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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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