MONEEYY

Banks call for better AML and anti-fraud tool

In February 2013, the European Commission issued a proposal for 4th EU Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) Directive based on the Financial Action Task Force (FATF) standards. The European Parliament adopted a report on the proposed Directive in March 2014 and the Council of the European Union reached a common position in June. Taking [...]

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banku

ECB report recommends ‘better use of collateral’

Further to the crisis, collateral management, previously seen as an ancillary function, is now more and more perceived as a crucial function to help meet the many new regulatory requirements. Market participants are not only being increasingly reliant on collateral for secured funding and treasury management operations but they also have to post collateral when [...]

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frag enews

Financial integration report highlights EU fragmentation

 Financial integration is extremely important to the EU economy given that a well-integrated financial system: facilitates the smooth implementation of monetary policy, and the balanced transmission of its effects throughout the Euro Area; contributes to financial stability by creating larger, more liquid and competitive markets offering increased possibilities for financing and risk diversification; promotes the [...]

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enews

MEPs receive handbook on bank regulation

On 24 September, the European Banking Federation welcomed Members of the European Parliament (MEPs), policy advisers, members of the Parliaments’ secretariat and other EBF stakeholders to the launch event of the EBF Handbook for MEPs. This handbook explains what banks do and why banks are important to the European economy. It also reviews the state [...]

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