Financial regulation

Economy & Jobs 19-04-2018

Making the most of the European Values Instrument

The European Values Instrument can provide a much-needed boost to the weakened resilience of European democracies. However, the details of its structure will determine whether this opportunity will be grasped, write Jan Jakub Chromiec and Katarzyna Pełczyńska-Nałęcz.
Banking union 10-04-2018

ECB admits negative effect of monetary stimulus on German and Spanish banks   

Amid growing concerns about the profitability of eurozone banks, the ECB said that the monetary decisions adopted after the financial crisis had a neutral effect on the money houses of the single currency area, except for German and Spanish lenders.
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Economy & Jobs 03-04-2018

EIB needs to commit to responsible taxation policy, NGO coalition says

On the second anniversary of the Panama Papers tax scandal, the European coalition of development and environmental non-governmental organisations Counter Balance calls the European Investment Bank (EIB) to develop a comprehensive and responsible taxation policy.
Economy & Jobs 28-03-2018

Consumers hail proposal to limit transaction costs in EU

The European Commission’s proposals to limit transfer costs to non-euro members and currency conversions abroad were welcomed by consumer and transparency activists, although NGOs complained that it would not benefit migrants’ remittances.
Brexit 28-03-2018

Brexit financial services deal will be difficult

The industry has accepted that so-called “passporting” rights will not be possible after Britain leaves the EU.  The concept of “equivalence” has been mooted as a solution but even agreeing to that will be difficult, writes Mark Boleat.

Europe takes first step toward clarifying booming ‘green’ finance

The European Commission unveiled on Thursday (8 March) its highly expected action plan on sustainable finance, aiming to clarify what can be labelled as "green" investment and potentially lowering capital requirements on asset holders.
Economic governance 20-02-2018

More banker than politician? De Guindos faces ECB litmus test

Widely credited with steering Spain through its worst recession in decades, its outgoing Economy Minister Luis de Guindos will hope to bring pragmatism and tenacity to the European Central Bank when he takes over as vice president in June.

Latvia’s chief banker arrested by anti-corruption officials

Anti-corruption authorities in Latvia have arrested the governor of the country's central bank, Ilmars Rimsevics, the government said Sunday, while assuring there is "no sign of danger" to the financial system.
Economic governance 02-02-2018

EU lobbying rules must apply at the ECB

The European Central Bank should meet the same demands as the Commission when it comes to lobbyists in its advisory structure, insists the Corporate Europe Observatory.

On finance, ‘Think Sustainability First’

‘Think Sustainability First’ must be a principle that guides financial policymaking through this decade and the next if Europe is to have the means to match its global ambitions, writes Arlene McCarthy.

Expert group recommends setting up European standards for ‘green bonds’

An EU sustainability taxonomy, a definition of priority investment areas, the clarification of investor duties and development of “official” European sustainability standards for green bonds are some of the recommendations experts made to the European Commission on Wednesday (31 January).
Energy 31-01-2018

EU finance advisors back ‘less risky’ energy efficiency loans

A high level group of financial experts has advised European regulators to encourage more favourable treatment for energy saving loans and mortgages, in a move that could unlock billions in lending for green building renovation programmes across Europe.