| EBF MORNING BRIEF Wednesday 13 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.
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FROM THE MEDIA
Bloomberg: U.K. to start talks with EU on finance cooperation The U.K. will begin talks with the EU this week on how regulators will cooperate over financial services now Brexit has been completed, Bloomberg reports. Read more Reuters: City of London unlikely to get broad EU access The EU is unlikely to grant broad access for the City of London, and the flight of euro share trading from Britain to the bloc is permanent, UK bankers said on Monday. Read more Finextra: Top fintech predictions for 2021 Fintextra on Tuesday published its predictions for fintech in 2021. Since the majority of goods and services became available via the Internet due to the pandemic, it is no surprise that the demand for fintech services and alternative payment solutions was increasing simultaneously. But will the fintech Renaissance carry on to 2021, or will the development of this industry stop as soon as we can get back to our normal way of living? Read more |
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FROM THE EBF MEMBERS
SwissBanking: Banks support the new proposal for the CO2 law The Swiss Bankers Association (SBA) advocates for a "yes" on the CO2 law, to be voted by referendum later this year. The SBA pursues the ambition to position Switzerland as the leading international hub for sustainable finance, as the new CO2 law would create reliable framework conditions and effectively support the transformation to a more sustainable economy. Read more (DE) AEB: María Abascal, new director of Public Policy The Spanish Banking Association (AEB) welcomes María Abascal as the new director of Public Policy, a division that encompasses all activities related to Banking, Regulation, Operations, Means of Payment and Digitization. She will also be part of the Executive Committee of the European Banking Federation (EBF). Read more (ES) UK Finance: Conor Lawlor on future EU-UK financial services Conor Lawlor, Director for Capital Markets & Wholesale at UK Finance, speaks to the Treasury Committee of the UK Parliament about the future of the EU-UK relationship regarding financial services. Learn more |
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FROM THE INSTITUTIONS
ECB issues supervisory guidance on consolidation among banks
The European Central Bank on Tuesday published its guide on how it plans to use its supervisory tools to facilitate sustainable consolidation among banks. The ECB encourages banks to engage with supervisors early on and explain its expectations in a guide, which also benefited from banks’ input. Read the full guide European Parliament Thinktank reviews bank crisis framework The European Parliament's thinktank has published its review of the bank crisis management and deposit insurance frameworks Banking Union Working Group. Read more Council of the European Union on economic policy of the euro area The Council of the European Union has published the draft Council recommendation on the economic policy of the euro area. 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. 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. |
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