other-initiatives

Can the new EU Better Regulation Package stop the legislative frenzy?

Two months ago, the Commission’s First Vice President Timmermans launched the Better Regulation Package including numerous concrete initiatives aiming at improving the way EU institutions produce legislation. The EBF has been advocating for reasonable and smart legislation for a long time already and welcomes this initiative. The Better Regulation Package aims to improve transparency of [...]

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eu2015lu

Luxembourg EU Presidency sets eyes on digital

On 1 July, Luxembourg took over the rotating chair of the Presidency of the EU Council for the twelfth time. It follows on the footsteps of the Latvian Presidency, which made significant progress on a number of key financial services dossiers, including reaching an agreement among Member States on the way forward for restructuring the [...]

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tax

Is IFRS 9 compatible with EU law?

The EBF asked Sondra Tarshis, Chair of the EBF Classification & Measurement Working Group and Senior Manager, Accounting Policies at HSBC whether IFRS 9 – the package including a logical model for classification and measurement, a single, forward-looking ‘expected loss’ impairment model and a substantially-reformed approach to hedge accounting – was in line with EU [...]

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FF2014-cover-enews

EBF Facts & Figures 2014

With a special focus on the comprehensive assessment, the fifth edition of EBF Facts & Figures on the European banking sector provides a comprehensive overview of trends in the banking sector, both at  European and national level. We are proud to say that a record 31 national banking associations have contributed to this publication, and our [...]

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outlook

Economic Outlook: Recovery needs a boost

In its year-end economic outlook, EBF chief economists see a slower than expected economic recovery in the euro area. They have lowered their growth outlook for this year to 0.8 percent, down from the estimate of 1.1 percent that they presented in June. The EBF has lowered its 2015 growth projection for the euro area [...]

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