EBF MORNING BRIEF    Wednesday 2 July 2025

FROM THE MEDIA

Reuters: ECB’s Lagarde says euro’s rise also reflects economic strength

European Central Bank President Christine Lagarde said the euro’s appreciation is partly due to confidence in the euro area economy. Read more

The Banker: IMF backs Swiss bank reforms amid pushback from UBS

The IMF has endorsed Swiss reforms requiring UBS to hold significantly more capital, calling them “bold” and vital for financial stability, despite UBS warning the move could hurt its competitiveness. Read more

Financial Times: Eurozone inflation rises to ECB’s 2% target

Eurozone inflation reached the ECB’s 2% target in June, likely leading the central bank to keep interest rates on hold at its next meeting. Read more

Euronews: Denmark takes over EU presidency in stormy times. Here’s what to expect

Denmark has assumed the rotating EU presidency, focusing on competitiveness, green transition, and security during its term. Read more

MAIN EVENTS

• Atlantic Council ‘Central Bank Governor Leonardo Villar on Colombia’s monetary policy trajectory’ Event

FROM THE EBF  

New EBF Press Release: The EU T+1 Industry Committee finalises High-Level Road Map

The EU T+1 Industry Committee has published its High-Level Road Map for the transition to a T+1 settlement cycle for securities on 11 October 2027. The roadmap contains a set of recommendations developed collaboratively by association representatives and workstream leads from various industry segments, and its technical workstreams, with broad industry representation. Read full press release

EBF Vacancies! Work with us!

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

FROM EBF MEMBERS

Czech Banking Association: Bankers to Schools – Summer Approached, World of Finance for 14 Thousand Accounts

CBA reports that its financial education programme reached over 14,000 students this spring, teaching them about savings, loans, and cyber risks before summer break. Read more

UK Finance: Why standards matter more than ever in a national payments vision

UK Finance outlines how setting clear, interoperable standards is critical to delivering an efficient, innovative, and secure payments system. Read more

Finance Finland: Regulation must not be a gamble – economic stability must be ensured, but EU rules need clarity

Finance Finland warns that overly complex rules threaten stability and urges the EU to create simpler, clearer regulations to support the financial sector. Read more

FROM THE INSTITUTIONS

European Central Bank (ECB): Weekly Financial Statement

The ECB published its weekly financial statement detailing the Eurosystem’s assets and liabilities as of 27 June 2025. Read more

Council of the European Union (Danish Presidency): Launch of the Danish Presidency website

The Danish Presidency of the Council of the EU launched its official website today, outlining priorities including security, competitiveness, and the green transition for its term starting 1 July 2025. 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