📝EBF Morning Brief - Tuesday 1 April 2025: What banking can learn about cyber defences from healthcare

EBF MORNING BRIEF Tuesday 1 April 2025

FROM THE MEDIA

The Banker: What banking can learn about cyber defences from healthcare

Banks face rising cybersecurity threats as AI accelerates attack capabilities, and lessons from the UnitedHealth Group breach should not be ignored, writes The Banker. Read more.

Bloomberg: German prices slow more than expected as ECB weighs next move

German inflation slowed to 2.3% in March, bolstering expectations for a rate cut as ECB officials remain divided ahead of their April decision, writes Bloomberg. Read more.

Financial Times: Is UBS’s ‘deal of the century’ starting to sour?

UBS faces growing political pressure and potential capital hikes following its Credit Suisse takeover, with tensions rising between the bank and Swiss authorities, reports the Financial Times. Read more.

MAIN EVENTS

Polish Central Bank Monetary Policy Council – meeting

Council Working Party on Financial Services and the Banking Union (Banking Union)

ECB: Euro area seasonally adjusted HICP flash estimate (March 2025) – data release

FROM THE EBF

New EBF Vacancy! Work with us!

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

We celebrated the 11th edition of European Money Week last week

We brought together experts, policymakers, and educators for key discussions on advancing financial education across Europe. This year’s theme "From Financial Literacy to European Legacy: Building Financially Resilient Generations" underscored the vital role of financial literacy in ensuring a stronger financial future for all, particularly in times of economic uncertainty. Read more

EBF Press Release - Savings and Investments Union: The Path to Strengthening Europe’s Financial Future

The EBF welcomes the Communication on the Savings and Investments Union (SIU) by the European Commission on the 19th of March, a key step toward fostering sustainable and inclusive economic growth, competitiveness, and boosting vital financing for defence. By deepening capital markets and improving access to finance, the SIU can help ensure that European citizens, businesses, and households benefit from a stronger, more dynamic financial ecosystem. Read more.

EBF Response to European Commission’s Call for Evidence on the Savings and Investments Union

The EBF welcomes the opportunity to contribute to the European Commission’s consultation on the Savings and Investment Union (SIU). By integrating the Banking Union and the Capital Markets Union, the SIU aims to strengthen Europe’s financial ecosystem and foster a more dynamic and resilient economy. Read more.

FROM EBF MEMBERS

Finance Denmark: Parties Approve the New Collective Agreement

Finance Denmark announces that all parties have approved the new collective agreement for the financial sector, strengthening labour conditions and cooperation. Read more (DA).

UK Finance: How Public and Private Markets Can Support UK Businesses and Drive Growth

UK Finance outlines how better integration between public and private markets can help companies access funding and fuel long-term economic growth. Read more.

Liechtenstein Bankers Association: Liechtenstein’s Financial Centre – A Safe Haven in Uncertain Times

LBV highlights the strengths of Liechtenstein’s financial centre, emphasizing its stability, regulatory quality, and appeal during global uncertainty. Read more (DE).

Banking & Payments Federation Ireland: BPFI Payments Monitor – March 2025

BPFI’s latest Payments Monitor tracks digital and card payment trends across Ireland, showing continued growth in non-cash transactions. Read more.

FROM THE INSTITUTIONS

​Bank for International Settlements: Triennial Survey of Foreign Exchange and OTC Derivatives Markets 2025

The BIS has launched its 2025 survey to collect data on FX and OTC derivatives markets in over 50 jurisdictions. Read more

European Securities and Markets Authority: Consultation on revision of the disclosure framework for private securitisation

ESMA is consulting on updates to private securitisation disclosure templates under the Securitisation Regulation. Read more

European Insurance and Occupational Pensions Authority: European Supervisory Authorities publish evaluation report on Securitisation Regulation

The ESAs released their evaluation of the Securitisation Regulation, highlighting data access and legal clarity issues. 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