euelec enews

All you need to know about the European elections

From 22 to 25 May 2014, over 170 million Europeans elected their 751 representatives at the European Parliament (EP). It was the 8th parliamentary election since the first direct elections in 1979, and the first in which the pan-European political parties fielded candidates for president of the Commission. The European People’s Party (EPP) obtained 221 [...]

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First-ever European Money Week to launch March 2015

European banks will launch the first-ever European Money Week, starting Monday 9 March 2015. The week seeks to draw more attention to the benefits of financial education for young people and wants to encourage the sharing of best practices. So far, more than ten national banking associations have indicated their willingness to participate in the [...]

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Montenegro hosts 38th meeting of EBF Associates

The Association of Montenegrin Banks hosted the 38th meeting of the EBF Associates which was held in the beautiful city of Budva on 30 May 2014. The meeting was attended by representatives from the Executive Committee and the Associates members. It gathered banking associations from Albania, Austria, Bosnia and Herzegovina, Czech Republic, France, Netherlands, Croatia, [...]

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Final draft ITS for disclosure of leverage ratio

The Basel Committee released its final text on the Basel III leverage ratio framework and disclosure requirements on 12 January 2014. At the European level, the Commission is currently undertaking action in regard to the leverage ratio. On 5 June 2014, the European Banking Authority (EBA) published its final draft Implementing Technical Standards (ITS) on [...]

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EU finalises crisis management framework

European legislators this spring confirmed the Bank Recovery and Resolution (BRRD) and Deposit Guarantee Scheme (DGSD) Directives already agreed end of last year whilst also coming to an agreement on the Single Resolution Mechanism and Single Resolution Funds. This package completes the plans for a European Crisis Management framework which will provide a common framework [...]

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