Single Resolution Mechanism

The European Banking Federation has given a guarded welcome to the European Commission’s recent announcement of a Single Resolution Mechanism as a complement to the Single Supervisory Mechanism (SSM) as part of the Banking Union project. The Single Resolution Mechanism (SRM) aims to provide a common framework for the treatment of ailing banks within the [...]

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The EBF as a partner of choice for the dialogue between the ECB and SSM banks

EU leaders’ decision to move towards a Banking Union has transformed the supervisory landscape in Europe. Under the Single Supervisory Mechanism (SSM), the Eurozone’s significant banks (and those from Member States that possibly opt-in) will soon be supervised directly by the European Central Bank. National authorities will still continue to supervise all other (less significant) [...]

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Payment Services Directive – Innovation and security should go hand in hand

The European Banking Federation notes with interest the long-awaited revision of the EU Payment Services Directive (PSD), disclosed in a European Commission Proposal yesterday (24 July). The new proposal should bring some positive developments such as a more inclusive regulatory approach for the various types of payment services providers. Europe’s banks also appreciate the fact [...]

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EBF publishes its MiFID 2 trilogue position

Europe’s banks have taken much interest in the review of the Markets in Financial Instruments Directive – MiFID 2. Following the Council agreement on MiFID 2/MiFIR at the June Ecofin meeting, the European Banking Federation has produced a trilogue position in order to engage with the co-legislators. Principally, European banks are in favour of capital [...]

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