EBI - European Banking Institute

📌 The full-length recording of last week's 24th EBI Policy Series on "The new European AML Authority (AMLA) – An Introduction", featuring Olena Loboiko (European Commission), Roger Kaiser (European Banking Federation) and Andrea Minto (Università Ca' Foscari Venezia) is available to watch right now on YouTube. 🔊 ACCESS THE RECORDING HERE: https://lnkd.in/dNiVfe2Y #event #webinar #aml #bankingunion #finance #banking #law #eu

💡“The crisis management of smaller banks: perspectives of reform” by Irene Mecatti (Università di Siena & EBI) was published on 27 January 2024 in the EBI Working Paper Series No. 163. The current common framework for bank crisis management and national deposit guarantee schemes (CMDI) is tailored for banks which are considered too big (or too complex) to fail. Smaller banks are de facto excluded from the application of resolution, even though they are obliged to contribute to its functioning. In practice, not even the size element has been decisive and the crises of significant as well as less significant institutions have been managed at the national level instead of within the framework and conditions foreseen by the BRRD. The consequent and persistent fragmentation in the European financial market requires that the dichotomy between resolution and liquidation be overcome and that the scope of resolution also include smaller banks. The paper analyses the main reforms needed to achieve this goal, including the European Commission’s recent proposal to revise the CMDI. 📎 To read the entire paper, please follow: https://lnkd.in/dCin_Cfj #workingpaper #cmdi #eu #europeancommission #banking #banks #finance #financialcrisis #regulation

#183 EBI Regulatory Report (6 July 2024) on Economic Policy and Financial Regulation Measures: International, EU and Euro Area Levels   The EBI Regulatory Report focuses on Europe's latest economic policy and financial regulation measures, considering the most significant global initiatives and financial standards by key international organisations and financial fora.   📌 Key developments during the week 1 - 5 July 2024:   📆 5 July Directive (EU) 2024/1760 of the European Parliament and of the Council of 13 June 2024 on corporate sustainability due diligence and amending Directive (EU) 2019/1937 and Regulation (EU) 2023/2859 (OJ L, 2024/1760, 5.7.2024) EBA: announcement of priorities for the supervision of issuers of ARTs and EMTs for 2024/2025 EBA: start of dialogue with the banking industry on 2025 EU-Wide stress test methodology ESMA: putting forward measures to support corporate sustainability reporting 📆 4 July EBA: ‘travel rule’ guidance to tackle money laundering and terrorist financing in transfers of funds and crypto assets ESMA: new MiCA rules increase transparency for retail investors 📆 3 July Global Partnership on Artificial Intelligence (GPAI) and OECD unite to advance coordinated international efforts for trustworthy AI Financial Stability Board (FSB): Public responses to consultation on Liquidity Preparedness for Margin and Collateral Calls Basel Committee on Banking Supervision: approval disclosure framework and capital standard for banks’ cryptoasset exposures and amendments to interest rate risk in the banking book standard, and agreement to consult on third-party risk principles 📆 2 July FSB: consultation on interim findings of its evaluation of the effects of the G20 financial regulatory reforms on securitisation EBA: call for caution amid rising geopolitical risks for the EU/EEA banking sector EBA: dashboard finding – most EU resolution banks comply with the requirement aimed at supporting orderly resolution in case of failure 📆 1 July BIS Innovation Hub: Project Nexus completes comprehensive blueprint for connecting domestic instant payment systems globally and prepares for work towards live implementation BIS latest update July 2024: Smooth landing, AI and central banks Competent authorities responsible for ensuring compliance with the Payment Accounts Directive 2014/92/EU of the European Parliament and of the Council (OJ C, C/2024/4264, 1.7.2024) European Systemic Risk Board (ESRB): Opinion of 23 May 2024 regarding the Norwegian notification of an adjustment of the risk weight set for commercial immovable property pursuant to Articles 124(2) and 126(1) CRR (ESRB/2024/1)    📑 Read the entire updated EBI Regulatory Report #183 here: https://lnkd.in/eYy5t8-r   #regulatoryreport #ecb #esrb #eba #economics #regulation #finance #eu #euro #ssm #esma

💡 Many thanks to all participants of the 24th EBI Policy Series on “The new European AML Authority (AMLA) – An Introduction", which took place earlier today. Special thanks to our keynote speaker, Olena Loboiko (European Commission), and our co-discussants, Roger Kaiser (European Banking Federation) and Andrea Minto (Università Ca' Foscari Venezia & EBI), for the interesting discussion. This event was moderated by Dr. Thomas Gstaedtner, President of the EBI Supervisory Board. #thankyou #finance #banking #amla #law #regulation #eu #event #webinar

#182 EBI Regulatory Report (29 June 2024) on Economic Policy and Financial Regulation Measures: International, EU and Euro Area Levels   The EBI Regulatory Report focuses on Europe's latest economic policy and financial regulation measures, considering the most significant global initiatives and financial standards by key international organisations and financial fora.   📑 Read the entire updated EBI Regulatory Report #182 here: https://lnkd.in/eJfbVDAz   #regulatoryreport #ecb #esrb #eba #economics #regulation #finance #eu #euro #ssm #esma

📌 The EBI - European Banking Institute is delighted to invite you to its 24th EBI Policy Series on “The new European AML Authority (AMLA) – An Introduction”. 🗒 PROGRAMME: Keynote Speaker: Raluca Prună, Head of Unit, European Commission. Co-discussants: Andrea Minto, Jean Monnet Professor of Law and Regulation of Financial Markets; Of Counsel at Annunziata&Conso. Roger Kaiser, Head of Tax & Compliance at European Banking Federation (EBF). Moderation by Dr. Thomas Gstaedtner, President of the EBI Supervisory Board. 📆 WEBINAR DETAILS: Date: Thursday, 04 July 2024 Time: 12:00 – 13:00 (CEST) This event will take place on WebEx, our webinar platform. 💡REGISTER HERE: https://lnkd.in/d-NggF85 #amla #eu #banking #finance #regulation #webinar #event

#180 EBI Regulatory Report (17 June 2024) on Economic Policy and Financial Regulation Measures: International, EU and Euro Area Levels The EBI Regulatory Report focuses on Europe's latest economic policy and financial regulation measures, considering the most significant global initiatives and financial standards by key international organisations and financial fora. 📌 Key developments during the week 10 - 14 June 2024: 📆 14 June BIS Innovation Hub: Project Meridian FX: joint project by the Eurosystem and London Centres, and the Bank of England, to test synchronised settlement in FX SRB: Resolution Planning Cycle 2024 under the spotlight ESMA in 2023: Focus on investor protection, risk monitoring and supervision 📆 13 June ECB/Eurosystem: Consolidated banking data for end-December 2023 EBA: revised list of ITS validation rules EBA: publication of regulatory products under the MiCAR ESRB: EU Non-bank Financial Intermediation Risk Monitor 2024 📆 12 June ECB/Eurosystem: The international role of the euro, June 2024 OECD: G20 GDP Growth – First quarter of 2024 BIS Innovation Hub: Project Viridis: a climate risk platform for financial authorities Council of the EU: agreed position on Retail Investment Package ESMA: latest edition of its newsletter 📆 11 June IFRS Foundation Monitoring Board: progress of standard-setting activities and importance of the oversight by the IFRS Foundation Trustees 📆 10 June BIS Quarterly Review, June 2024 📑 Read the entire updated EBI Regulatory Report #180 here: https://lnkd.in/eHGvM8dM #regulatoryreport #ecb #esrb #eba #economics #regulation #finance #eu #euro #ssm #esma

📌 The EBI - European Banking Institute is delighted to invite you to its 24th EBI Policy Series on “The new European AML Authority (AMLA) – An Introduction”. 🗒 KEYNOTE SPEAKER: Raluca Prună, Head of Unit, European Commission. Moderation by Dr. Thomas Gstaedtner, President of the EBI Supervisory Board. 📆 WEBINAR DETAILS: Date: Thursday, 04 July 2024 Time: 12:00 – 13:00 (CEST) This event will take place on WebEx, our webinar platform. 💡REGISTER HERE: https://lnkd.in/dpYzkVYR #amla #eu #banking #finance #regulation #webinar #event

📌 On Saturday, the EBI - European Banking Institute had the honor of celebrating our first LL.M. students at the graduation ceremony for the EBI Master in Banking and Financial Regulation in Frankfurt. Congratulations to all students who graduated in 2024! Special recognition goes to Lukas Bock, who graduated as the best in the class of 2024. We would like to extend a big thank you to the Frankfurt School of Finance and Management for jointly organizing this EBI Master with us. Applications for this year's intake of the EBI Master in Banking and Financial Regulation can be submitted until the end of June 2024. Apply now and be a part of our prestigious program! 🎓✨ Special thanks to Dr. Thomas Gstaedtner, President of the Supervisory Board of EBI, Prof. Dr. Christos Gortsos, President of the Academic Board of EBI, Prof. Dr. Nils Stieglitz and Prof. Dr. Edgar Löw (Frankfurt School of Finance & Management). #banking #finance #graduation #futureleaders #applynow

#179 EBI Regulatory Report (8 June 2024) on Economic Policy and Financial Regulation Measures: International, EU and Euro Area Levels The EBI Regulatory Report focuses on Europe's latest economic policy and financial regulation measures, considering the most significant global initiatives and financial standards by key international organisations and financial fora. 📌 Key developments during the week 3 - 7 June 2024: 📆 7 June ECB/Eurosystem: TARGET Annual Report 2023 ECB/SSM: Annual Report on Sanctioning Activities in the SSM in 2023 ESAs: Joint Annual Report for 2023 📆 6 June ECB/Eurosystem: Monetary policy decisions Eurosystem staff macroeconomic projections for the euro area, June 2024 EBA: consultation on the new framework for the operational risk loss as part of the implementation of the EU Banking Package EBA: publication of governance regulatory products under the MiCAR 📆 5 June BIS Innovation Hub: Project mBridge reaches minimum viable product stage and invites further international participation EBA: publication of plan for the implementation of the data point model 2.0 ESAs and ENISA: Memorandum of Understanding to strengthen cooperation and information exchange IOSCO: Good Practices to improve trading venues’ resilience in case of Market Outages 📆 4 June Financial Stability Board (FSB): Remarks on Artificial Intelligence in Finance BIS Innovation Hub: Project Rialto: improving instant cross-border payments using wholesale CBDC settlement ESAs: call for enhanced supervision and improved market practice on sustainability-related claims 📆 3 June BIS: Latest update June 2024 – Innovation, Basel II and cross-border payments ECB/SSM: consultation on outsourcing cloud services EBA and ESMA: invitation of comments on the review of the investment firms prudential framework IOSCO: Final Report on Leveraged Loans and CLOs Good Practices for Consideration 📑 Read the entire updated EBI Regulatory Report #179 here: https://lnkd.in/eqsHjJ5t #regulatoryreport #ecb #esrb #eba #economics #regulation #finance #eu #euro #ssm #esma