EBF WEEKLY + FINANCIAL REGULATION AGENDA
For the week starting Monday 31 March 2025

An overview of the main financial regulation and banking stories this week and a look ahead to key events for the upcoming week, brought to you by the European Banking Federation.

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FROM THE MEDIA 

POLITICO: EU faces billion-euro dilemma over Turkey crisis

The EU is weighing whether to freeze funds for Turkey after the arrest of Istanbul’s mayor, amid fears the move could damage already fragile relations, reports POLITICO. Read more.

S&P Global Market Intelligence: Most large European banks report weaker liquidity buffers in Q4 2024

Twenty of Europe’s 30 largest banks saw declines in liquidity coverage ratios in Q4, with Crédit Agricole showing the biggest drop, reports S&P Global Market Intelligence. Read more.

Bloomberg: France’s budget deficit comes in narrower than expected

France’s 2024 budget deficit stood at 5.8% of GDP, slightly better than the government’s forecast, easing pressure ahead of EU fiscal reviews, writes Bloomberg. Read more.

Financial Times: HSBC fired investment bankers on bonus day and gave them no bonuses

HSBC dismissed dozens of investment bankers without bonuses as part of cost-cutting under new CEO Georges Elhedery, reports the Financial Times. Read more.

FINANCIAL REGULATION AGENDA for next week

Monday 31 March

• Bank of England: Money and Credit (Feb. 2025) – data release

• Bank of England: Effective interest rates (Feb. 2025) – data release

• Horizontal Working Party on Cyber Issues

• Council Working Party on Financial Services and the Banking Union (Banking Union)

Tuesday 1 April

• Polish Central Bank Monetary Policy Council – meeting

• Council Working Party on Financial Services and the Banking Union (Banking Union)

• ECB: Euro area seasonally adjusted HICP flash estimate (March 2025) – data release

Wednesday 2 April

• Coreper I – meeting

• Council Working Party on Financial Services and the Banking Union (Banking Union)

• ECB: Euro area bank interest rate statistics (Feb-2025) – data release

• Council Horizontal Working Party on Cyber Issues

• Coreper II – meeting

Thursday 3 April

• Bank of England: Monthly Decision Maker Panel data (March 2025) – data release

• Bank of England: UK International Reserves (March 2025) – data release

• Council Working Party on Financial Services and the Banking Union (Banking Union)

Friday 4 April

• Coreper I - meeting

• Council Working Party on Financial Services and the Banking Union (Banking Union)

• ECB: Euro area households and non-financial corporations (Q4 2024) – data release

FROM EBF

New EBF LinkedIn article! - Savings and Investments Union (SIU): A watershed moment?

In this article, our deputy CEO Sébastien de Brouwer poses a key question: Is Savings and Investments Union (SIU) the watershed moment Europe needs and deserves? Read more. 

We celebrated the 11th edition of European Money Week this week! 

We brought together experts, policymakers, and educators for key discussions on advancing financial education across Europe. This year’s theme "From Financial Literacy to European Legacy: Building Financially Resilient Generations" underscored the vital role of financial literacy in ensuring a stronger financial future for all, particularly in times of economic uncertainty. Read more

EBF Press Release - Savings and Investments Union: The Path to Strengthening Europe’s Financial Future

The EBF welcomes the Communication on the Savings and Investments Union (SIU) by the European Commission on the 19th of March, a key step toward fostering sustainable and inclusive economic growth, competitiveness, and boosting vital financing for defence. By deepening capital markets and improving access to finance, the SIU can help ensure that European citizens, businesses, and households benefit from a stronger, more dynamic financial ecosystem. Read more.

New EBF Vacancy! Work with us!

Visit our Vacancies page to learn more about the opening. Read more
 

EBF Response to European Commission’s Call for Evidence on the Savings and Investments Union

The EBF welcomes the opportunity to contribute to the European Commission’s consultation on the Savings and Investment Union (SIU). By integrating the Banking Union and the Capital Markets Union, the SIU aims to strengthen Europe’s financial ecosystem and foster a more dynamic and resilient economy. Read more.

FROM EBF MEMBERS

Association of German Banks: Video - Smart Regulation as a Key Competitive Factor

BdB highlights the importance of modern, innovation-friendly regulation to ensure Europe's competitiveness in global financial markets. Read more (DE).

Liechtenstein Bankers Association: LBV Sets Further Important Course for the Future

LBV outlines strategic developments and decisions aimed at strengthening the Liechtenstein banking sector in the years ahead. Read more (DE).

Febelfin: Febelfin and Technopolis Launch the "ATM of the Future"

Febelfin and science center Technopolis unveil an educational "ATM of the Future" to teach young people about digital payments and banking. Read more (FR).

Swiss Banking Association: INSIGHT 1-25 – A Risk Barometer for Financial Centres

SBA publishes a new analysis on the risks facing global financial centres, including geopolitical shifts and technological disruption. Read more.

FROM THE INSTITUTIONS

European Central Bank: Monetary developments in the euro area – February 2025

The annual growth rate of M3 rose to 4.0% in February 2025, driven by a strong increase in M1. Adjusted loans to households and non-financial corporations also accelerated, reflecting continued recovery in credit dynamics. Read more.

European Securities and Markets Authority: ESMA makes recommendations for supervision of STS securitisations

ESMA recommends improvements in the supervision of simple, transparent and standardised (STS) securitisations, calling for closer cooperation between supervisors and greater harmonisation across the EU. Read more.

Bank for International Settlements: Working together to ensure financial integrity

Cecilia Skingsley called for global cooperation and innovation to fight financial crime, highlighting BIS projects that leverage AI and privacy-preserving technologies. 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

European Banking Federation