EBF MORNING BRIEF Monday 11 January 2021 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. Recommend the EBF newsletters to a colleague. Click here to sign up! |
|
|
FROM THE MEDIA The Banker: UK faces tough battle for EU equivalence With Brexit complete, UK negotiators are now striving to reclaim selected access to EU financial markets. The benefits may be overstated, writes the Banker. Read more FT: HSBC targeted by shareholders over fossil fuel financing Investors file resolution demanding bank publishes strategy and targets, the Financial Times reports. Read more (€) Forbes: Banks called out for their role in financing plastic pollution A new report says that banks are in part responsible for the plastic pollution crisis, because they are “lending vast sums of capital without making any effort to address the plastic pollution crisis,” Forbes writes. Read more |
|
MAIN EVENTS today European Parliament: ECON Committee Extraordinary meeting |
|
FROM THE EBF MEMBERS CBA: Donations to help against the earthquake The Croatian Banking Association (CBA) invites citizens and companies to responsibly donate to citizens affected by the earthquake. Namely, some citizens suffered great material damage and other consequences of the earthquake. Read more (HR) FFI: Brexit raises new questions in EU financial sector regulation The EU–UK Trade and Cooperation Agreement (TCA) does not cover financial services. Finance Finland (FFI) reports that it may take years to see what direction the British regulation will take or how the EU responds to possible competition. Read more NVB: Banks close seal bag machines for security reasons The Dutch Banking Association (NVB) reports that Geldmaat and Dutch banks have decided, on the advice of the police, to temporarily close more than 500 seal bag machines. Banks are taking this far-reaching decision after a new form of explosive cracking earlier this week at a seal bag machine. Read more (NL) |
|
FROM THE INSTITUTIONS Eurostat: Annual inflation expected to remain stable at -0.3% Eurostat has estimated that euro area annual inflation is expected to remain stable at -0.3% in December 2020 compared to November 2020. Read more
ESMA: Call for candidates for the ESA’s Board of Appeal The European Securities and Markets Authority (ESMA) has highlighted the European Commission call for expression of interest for the appointment of members of the European Supervisory Authorities (ESA) Board of Appeal for the financial services sector. Read more SRB: MREL reporting update: checklist on reported liabilities The Single Resolution Board has published a reporting update in regard to the Minimum Requirement for own funds and Eligible Liabilities (MREL). It includes a checklist on reported liabilities and sign-off form. Read more European Commission weekly schedule Find out more about the European Commission's engagement and activities for the upcoming week. Read more European Central Bank weekly schedule Find out more about the ECB's engagements and activities for the upcoming week. Read more European Parliament weekly schedule Find out more about the Parliament's engagements and activities for the upcoming week. Read more |
|
ABOUT THE EUROPEAN BANKING FEDERATION The European Banking Federation is the voice of the European banking sector, bringing together national banking associations. The EBF 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. |
|
This newsletter is published by the EBF Mediacentre. For questions or suggestions contact mediacentre@ebf.eu Recommend the EBF newsletters to a colleague. Click here to sign up! European Banking Federation Avenue des Arts 56, B-1000 Brussels, Belgium |
|
|
|