EBF MORNING BRIEF Thursday 10 April 2025 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! |
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FROM THE MEDIA Politico: Trump tariff war puts UK financial stability at risk, Bank of England warns The Bank of England cautioned that rising global uncertainty and trade tensions are increasing risks to UK financial stability, particularly due to its open economy and large financial sector, reports Politico. Read more Financial Times: Top ECB policymaker warns ‘worst-case scenarios’ are materialising Bank of Spain governor José Luis Escrivá warned that Trump’s tariffs are triggering a significant economic shock and could undermine the US dollar’s global role, reports the Financial Times. Read more The Banker: UK risks falling behind on stablecoins, says payments industry Trade bodies are urging the UK to align with US policy on stablecoins and appoint a blockchain envoy, warning that delays could damage the country’s competitiveness, reports The Banker. Read more |
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EVENTS Thursday 10 April ECB: Long term interest rates statistics (Mar-2025) release Council Budget Committee meeting EIB Meeting No. 581 of the Board of Directors Friday 11 April Informal meeting of economic and financial affairs ministers |
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FROM THE EBF New EBF Vacancies! Work with us! Visit our Vacancies page to learn more about the opening. Read more Less is More: Streamlining Banking Regulation in Europe The Less is More report, co-authored by the European Banking Federation and leading experts, calls for simplifying and improving the EU financial regulatory framework to support competitiveness, innovation and trust, while safeguarding financial stability and consumer protection. Read more EBF response to European Commission consultation on Taxonomy Disclosures Delegated Act The European Banking Federation (EBF) has submitted its response to the European Commission’s consultation on the Taxonomy Disclosures Delegated Act. While welcoming the initial steps toward simplification, EBF highlights that substantial challenges for banks remain. Read more New EBF 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 |
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FROM EBF MEMBERS UK Finance: Why Lenders Must Embrace Technology to Accelerate Mortgage Product Launches UK Finance argues that digital innovation is essential to streamline product rollouts and improve the mortgage customer experience. Read more. Association of German Banks: DK Position on the EBA Consultation on the Prudential Treatment of Crypto Assets BdB outlines its position on EBA’s proposals for regulating crypto assets, calling for proportionate rules to balance innovation and stability. Read more (DE). Finance Finland: Redemptions From Equity Funds, New Investments Flow Into Bond Funds Finance Finland reports a shift in investor behavior, with capital being pulled from equity funds and redirected toward fixed income products. Read more (FI). Czech Banking Association: Unemployment Continued to Rise in March CBA highlights the ongoing rise in unemployment in March, reflecting broader labour market pressures in the Czech economy. Read more (CZ). |
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FROM THE INSTITUTIONS European Central Bank: Working Paper – Do central bank reforms lead to more monetary discipline? An ECB working paper finds that reforms strengthening central bank independence improve monetary discipline and credibility, especially in democratic countries with flexible exchange rates. Read more European Securities and Markets Authority: ESMA makes recommendations to simplify ESG disclosure rules for benchmarks administrators ESMA proposes targeted changes to streamline ESG disclosure requirements for benchmark administrators, aiming to improve clarity and reduce compliance burdens. 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 European Banking Federation Avenue des Arts 56, B-1000 Brussels, Belgium |
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