EBF WEEKLY + FINANCIAL REGULATION AGENDA
for the week starting Monday 11 November 2024

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 

Bloomberg: ECB’s Schnabel sees banks tapping refinancing operations more

Lenders in the Eurozone are likely to turn to the European Central Bank (ECB) for funding more frequently in the future as policymakers’ stash of bonds is reduced, according to what Executive Board member Isabel Schnabel told Bloomberg. Read more

Reuters: Eurozone firms see continued margin pressures, ECB survey shows

Eurozone firms expect their turnover to keep rising this quarter but their margins remain under pressure with wage growth outpacing selling price increases, the European Central Bank (ECB) said in a quarterly survey reported by Reuters. Read more

The Banker: PWM/The Banker Global Private Banking Awards 2024

The results of the Global Private Banking Awards for 2024 — presented by The Banker and its sister publication PWM — serve as a good barometer of key industry trends. Read more

FINANCIAL REGULATION AGENDA for next week

Monday 11 November

• Council Working Party of Financial Counsellors

• Council Budget Committee

• Council Working Party on the Environment

• Council Horizontal Working Party on Cyber Issues

• Geneva Graduate Institute ‘The World Bank’s Evolution and Financial Innovations’ panel discussion

Tuesday 12 November

• ECB ‘Global Research Forum on International Macroeconomics and Finance 2024’

• Geneva Graduate Institute ‘Corporate Runs and Credit Reallocation’ seminar

• FT ‘Optimising the Payments Ecosystem’ event

Wednesday 13 November

• Council Working Party on Tax Questions

• ECB ‘Global Research Forum on International Macroeconomics and Finance 2024’

• ECB Governing Council: non-monetary policy meeting

• Bloomberg ‘The Business Value of AI’ event

Thursday 14 November

• Council Budget Committee

• Council Working Party on Combating Fraud

• Council Working Party on the Environment

• Deutsche Bundesbank – European Central Bank – Frankfurt School of Finance & Management – Goethe University ‘Fall 2024 Frankfurt Macro Seminar’

• Deutsche Bundesbank ‘When appearances are deceptive: The work of the National Analysis Center for Counterfeit Money’ forum

• UNECE ‘Finance for transformative innovation’ Innoweek side event

• EBF and EY ‘Banking on AI: Navigating the opportunities and challenges’ online event

Friday 15 November

• Council Economic and Financial Affairs

• OECD The Digital Trust Convention

• EIB MSME Conference

• CEPS ‘Presidentialisation and politicisation: A new College of Commissioners coming in’

FROM EBF MEMBERS

BPFI: A cross-sectoral approach to fraud prevention: PSR policy recommendations

The Banking & Payments Federation (BPFI) were delighted to be joined by a delegation of members from Bank of Ireland, AIB and PTSB for a series of important meetings with the European Commission, EU Member State Officials and MEPs on the EU’s new Payment Services Regulation. Read more

Finance Latvia: Comment on the opinion of the ECB on the Solidarity Contribution Bill

Finance Latvia notes that the European Central Bank (ECB) in its opinion on the bill on Solidarity contributions indicates the same problems that Finance Latvia has emphasized in its comments to the Prime Minister. Read more (LV)

BdB: Five Tips for Safe Online Shopping 

During Black Week, countless bargains beckon online. But not every online shop is as reputable as it appears at first glance. The Association of German Banks (BdB) has put together five tips to help shop safely. Read more (DE)

FROM THE INSTITUTIONS

ECB: Survey on the access to finance of enterprises in the Euroarea - Q3 2024

This European Central Bank (ECB) report presents the main results of the 32nd round of the Survey on the Access to Finance of Enterprises (SAFE) in the Euroarea, which was conducted between 2 September and 15 October 2024. Read more

BIS: Christine Lagarde: Competition policy in a changing world

The Bank for International Settlements (BIS) has published the speech by Christine Lagarde, President of the European Central Bank (ECB), at an event to mark the 15th anniversary of the Autorité de la concurrence, Paris, 5 November 2024. Read more

EIOPA: Monthly technical information for Solvency II Relevant Risk-Free Interest Rate Term Structures

The European Insurance and Occupational Pensions Authority (EIOPA) has published technical information on the relevant risk-free interest rate term structures (RFR) with reference to the end of October 2024. Read more

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

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