About: European Banking Authority
Revolving door rules must be enforced
The latest case of an EU banking official taking a lobbying job in the financial sector underscores the need to uphold rules to prevent revolving doors, write Luis Garicano and Paul Tang.
EU banking regulator: ‘No green economy if we encourage banks to be insolvent’
Europe wants to use all the tools available to transit toward a 'green' economy. But ‘green’ lending should not be incentivised by easing capital requirements for banks, the European Banking Authority chief, Jose Manuel Campa, told EURACTIV in an exclusive interview.
More Europe needed to fight money laundering, Commission argues
The EU needs more competences to effectively fight money laundry, Vice-President for the Euro Valdis Dombrovskis and Commissioner for Justice Věra Jourová told reporters on Wednesday (24 July) during the presentation of a series of reports on financial crimes.
EU states force clearing of Estonian, Danish regulators over Danske Bank
National banking supervisors who control the EU banking watchdog effectively forced it to clear financial regulators in Estonia and Denmark, who were investigated in relation to suspected money laundering activities by Danske Bank, a member of the European parliament said on Wednesday (17 April).
EU banking watchdog investigates Estonia and Denmark over Danske scandal
The European Banking Authority launched a formal investigation on Tuesday (19 February) to determine if Estonian and Danish authorities had failed to enforce EU rules that would have prevented one of the largest-ever money-laundering scandals affecting Danske Bank.
Cryptoasset investors exposed to substantial risks, two EU reports find
Cryptoassets are dangerously unregulated and may give rise to criminal activities, according to two recent assessments published by the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA).
90% of major European banks already sanctioned for money laundering
According to a British report, 18 of the 20 leading European banks, including four French ones, have already been sanctioned for money-laundering offences over the past decade. EURACTIV France’s media partner La Tribune reports.
Ministers support giving more powers to EU watchdog to fight money launderers
The Ecofin Council “broadly” supported on Tuesday (2 October) the European Commission’s proposal to transfer more powers to the European Banking Authority to investigate alleged cases of money laundering in the EU.
France rolls out the red carpet for finance sector post-Brexit
France's prime minister presented new measures to appeal to financial circles, which are currently considering their post-Brexit options. EURACTIV’s partner La Tribune reports.
Paris ahead of Frankfurt for Brexit City jobs
While banks in London have drastically scaled back their post-Brexit relocation estimates, they are now favouring France to Germany, according to a survey led by Reuters. EURACTIV’s partner La Tribune reports.
Grim scenario for bank stress tests, says EU watchdog
The European Banking Authority has launched its third wave of stress tests conducted on 48 European banks. EURACTIV's partner La Tribune reports.
Amsterdam, Paris take EU agencies in lucky dip thriller
Amsterdam and Paris won the right to host the two EU agencies that must leave London on Brexit after a dramatic ministerial meeting in Brussels on Monday (20 November) that left both result decided by drawing lots after votes were tied.
EU votes on relocation of agencies after Brexit
The fight for some of the most prized spoils of Brexit comes to a climax today (20 November) when 27 EU states pick the new host cities for two London-based regulatory agencies.
Fate of banking, medicines agencies to be decided by secret ballot
EU ministers will vote by secret ballot on the relocation of two EU agencies currently based in London at the General Affairs Council on 20 November. The ballot papers will then be destroyed and no record kept.
EU states compete to host London-based agencies after Brexit
All but six European Union states are bidding to host one or both the London-based EU agencies that will be relocated after Brexit, setting up a competition that could easily escalate into a squabble.
Diplomat: UK should not think EU ‘weak’ on drug agency relocation
EU member states are urged to put on a united front on the issue of relocating the London-based European Medicines Agency (EMA), rather than bicker publicly and give the UK government reason to believe the bloc cannot cooperate properly, diplomats have told EURACTIV.com.
European Medicines Agency: What’s at stake?
Last month, EU Council President Donald Tusk and European Commission chief Jean-Claude Juncker presented the procedure for relocating the European Bank Authority (EBA) and the European Medicines Agency (EMA) from the UK after it leaves the EU.
Politics get final say on post-Brexit agency seats
Leaders of 27 EU member states - excluding the UK -agreed late on Thursday (22 June) on criteria to decide by November the new seats of the European Medicines Agency and the European Banking Authority, which are currently based in London.
Relocation of UK agencies to be decided by Eurovision-style vote
The post-Brexit relocation of the two London-based European agencies will be decided by a points-based vote which resembles the Eurovision song contest, EURACTIV has learned ahead of a summit tomorrow (22 June) where EU leaders will agree the criteria and the voting rules.
An outside-the-box solution to Brexit and the Strasbourg seat
Relocating the EU's UK-based agencies to Strasbourg and ending the European Parliament's monthly travelling circus is a logical solution that would benefit everyone, argues Bart Staes.
Leaders call for discipline to maintain fragile unity in Brexit talks
European Commission President Jean-Claude Juncker warned that talks over the post-Brexit EU budget could divide member states, undermining the show of unity they put on at a summit today (29 April).
Battle for EU agencies may erode EU unity pre-Brexit
The future of EU agencies based in London will be part of tomorrow’s EU-27 summit, an issue that could erode the unity that European leaders want to showcase before the divorce talks with the UK begin.
Frankfurt offers skills and ‘better’ beer to host EBA
Germany stepped up its charm offensive yesterday (26 April) in its bid to bring the European Banking Authority to Frankfurt. Not only is the city the financial hub of Europe but it has "better" beer.