EBF WEEKLY + FINANCIAL REGULATION AGENDA
for the week starting Monday 8 July 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 Recommend the EBF newsletters to a colleague. Click here to sign up! |
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FROM THE MEDIA
Bloomberg: ECB officials looked past inflation worries with rate cut
European Central Bank (ECB) officials looked past concern over longer-term inflation in cutting interest rates last month, arguing that waiting for a fully complete picture on prices would make them act too late, an account of their policy meeting reported by Bloomberg showed. Read more FT: European central bankers warn of risks to region’s economy According to the Financial Times (FT), European Central Bank (ECB) policymakers view French elections as sign of a broader shift in a more populist, protectionist and turbulent direction. Read more
The Banker: EU crypto regulation ushers in stablecoin regime
Strict new rules related to stablecoins came into effect in the EU this week with the implementation of the first portions of the bloc’s Markets in Crypto-Assets regulation, The Baker reports. Read more |
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FINANCIAL REGULATION AGENDA for next week
Monday 8 July
Tuesday 9 July Wednesday 10 July Thursday 11 July
Friday 12 July
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FROM EBF MEMBERS SBA: Innovation in the EU tax area The Council of the European Union (EU) reached an agreement on a tax modernisation project for the European capital market. According to the Swiss Bankers Association (SBA), once this project is implemented, shares and bonds issued in EU member states will become more attractive to investors. Read more (FR) Finance Latvia: Small and medium-sized companies are in no hurry to introduce AI Few entrepreneurs today doubt the possibilities and usefulness of artificial intelligence (AI) solutions. However, the survey of small and medium-sized companies in the Baltic states found that at least 60% of local entrepreneurs still do not consider artificial intelligence to be one of the most important directions of development. Read more (LV)
Febelfin: Beware of “bank card collectors”!
Febelfin and the Antwerp Public Prosecutor's Office warn against a growing phenomenon of fraud cases perpetrated by people who claim to be bank card collectors. In this form of fraud, criminals pretend to be bank employees and try to come to your home to collect your bank card and PIN code. Read more (FR) |
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FROM THE INSTITUTIONS
ECB: Account of June monetary policy meeting
The European Central Bank (ECB) has published the account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 5-6 June 2024. Read more
BIS: Cryptoasset disclosures
As reported by the Bank for International Settlements (BIS), the Basel Committee approves disclosure framework and capital standard for banks' cryptoasset exposures and amendments to interest rate risk in the banking book standard, and agrees to consult on third-party risk principles. Read more EIOPA: New composition of stakeholder groups The Board of Supervisors of the European Insurance and Occupational Pensions Authority (EIOPA) has selected new members for the Insurance and Reinsurance Stakeholder Group and Occupational Pensions Stakeholder Group that begin their 4-year mandate. 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 |
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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
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