The SSM Strategy Group of the EBF held its first meeting

A Strategy Group was formed inside the Federation to offer a platform for those banks under the Single Supervisory Mechanism (SSM banks) to be able to exchange information and experience among the group as well as inform the wider EBF on many of the operational and practical aspects of the new supervisory reality of a [...]

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Interview with Jean-Paul Caudal – Hedging

Jean-Paul Caudal, Chairman of the EBF Hedging Working Group, shares his view on current issues in hedge accounting in the context of IFRS 9. In 2009, the G20 leaders urged international accounting standard setters to reform accounting for financial instruments, including more specifically principles surrounding the hedge accounting for the banking book. So as to [...]

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EMIR implementation

The European Banking Federation is closely monitoring the situation as the provisions of the European Market Infrastructure Regulation (EMIR) gradually become applicable. Important provisions of EMIR include a mandatory reporting obligation for all derivatives, central clearing for certain classes of derivatives, and the application of risk mitigation techniques for non-centrally cleared OTC derivatives. On 14 [...]

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New regulation on Money Market Funds

On 4 September 2013, the European Commission published a legislative proposal for a regulation on Money Market Funds (MMFs). Those funds, considered as an essential source of short-term financing for financial institutions, corporates and governments are expected to become more resilient to future financial crisis and secure their financing role for the economy. According to [...]

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EBF committed to teach children about money

Financial education is a central issue in today’s complex financial world. It enables consumers to understand how to manage their finance and avoid unnecessary risks. The importance of financial education has never been more apparent in the context of the financial crisis and economic downturn. It is within this framework that the EBF launched its [...]

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