EBF MORNING BRIEF Thursday 9 March 2023 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.
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FROM THE MEDIA
Reuters: Visco raps ECB colleagues in widening hawk-dove divide
European Central Bank (ECB) governing council member Ignazio Visco criticized some fellow policymakers for comments on future interest rates that diverged from what had been agreed at ECB meetings. According to Reuters, Visco's intervention sets the scene for a heated discussion at next week's meeting. Read more
CNBC: One of Europeās biggest banks is quickly rotating job roles to help women get to the top
The finance industry needs to be faster in getting women into management positions, according to Santander Executive Chair Ana Botin. In an interview with CNBC, Botin listed the steps that financial institutions can take to ensure that women can secure top roles in the sector, including setting up business career plans and rotating roles. Read more
Finextra: UK review of supervisory responsibility for payment systems
UK authorities have a Memorandum of Understanding that sets out a high-level cooperation framework in relation to UK payment systems. In line with the feedback from the financial industry, authorities concluded that the MoU is working well, Finextra reports. Read more |
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MAIN EVENTS Thursday 9 March Council Working Party on Tax Questions - Indirect Taxation Council Working Party on the Environment Friday 10 March Council Working Party on Tax Questions - Indirect Taxation Council Horizontal Working Party on Cyber Issues Council Working Party on the Environment |
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COMING SOON! The European Money Week 2023 |
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Amid the darkening economic outlook, ensuring individuals have the money management skills to understand whatās happening to them and around them remains a priority. To put these skills in the spotlight, the European Banking Federation (EBF) has dedicated this yearās European Money Week, aligned with OECD-INFE Global Money Week, to the theme of āFinancial skills: Lighting the path to a sound financial futureā. Join key experts, policymakers, and academics passionate about financial literacy at the launch event on Tuesday, 21 March! |
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FROM EBF MEMBERS NVB: We need to address gender gaps and work together According to Chantal Korteweg, Director of Inclusive Banking at ABN AMRO, women have less knowledge about financing and how to access it. The financial sector needs 'to address gender gaps and to collaborate and share knowledge,' she said in a post by the Dutch Banking Association (NVB). Read more (NL) BdB: Female Finance 2023 The Association of German Banks (BdB) run a representative survey on "Women and Money". According to the study, women are still financially worse off than men with negative effects on saving, investing, and old-age provisions. Read more (DE)
AEB: Committed to inclusion
The financial sector has strengthened financial inclusion in rural areas and improved care for the elderly and people with disabilities. As reported by the Spanish Banking Association (AEB), promoting economic development and social well-being are two objectives that banks share with other companies and public administrations. Read more(ES) |
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FROM THE INSTITUTIONS ECB: Building up cyber resilience in the financial sector Fabio Panetta, Member of the Executive Board of the European Central Bank (ECB) spoke about cyber resilience in the financial sector. Cybersecurity must be the backbone of digital finance, he says. Cyber risks have increased, and the Euro Cyber Resilience Board played a key role in protecting the financial system. Read more EBA: Future of banking and payments Jose Manuel Campa, Chair of the European Banking Authority (EBA), discussed the future of banking and payments. He shared views on how the future regulatory framework in this area can be shaped to support innovative and competitive retail payments. Read more BIS: Empowering women in a changing global economy Christine Lagarde, President of the European Central Bank (ECB), spoke about women and the economy. In particular, in the speech published by the Bank for International Settlements (BIS), she explained how the changing nature of globalization can have implications for women's empowerment. 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 v.barbieri@ebf.eu
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