European Banking Authority (EBA)’s Post

Save the date: the 11th joint European supervisory authorities consumer protection day is coming ! It will take place on 3 October 2024 in Budapest. Key topics to be discussed with consumers representatives, industry and national competent authorities: #AI #sustainablefinance and access to consumer centric products Registration and programme will be available later in June. We look forward to seeing you there #consumerprotection #investorprotection #innovation #banking #insurance #pensions #investments #EIOPA #ESMA #EBA

The #ESAs (#EBA, European Insurance and Occupational Pensions Authority (EIOPA), European Securities and Markets Authority (ESMA) published today their Spring 2024 update on risks and vulnerabilities in the EU financial system. The update shows that risks remain elevated in a context of slowing growth, an uncertain interest rate environment and ongoing geopolitical tensions. 🏛 💶 in the banking sector, capital and liquidity positions are solid with CET1 ratio of 15.8% and a liquidity coverage ratio above 160% amid high profitability in 2023. 👍 However, the outlook is more challenging, as banks face the repricing of liabilities and assets with prospects of lower interest income, slower loan growth, high costs and the challenging macro environment. 👎 📖 europa.eu/!thTCMm

Good decision-making tree for the classification of crypto-assets under #MiCA and potential ramifications in multiple financial regulations (#MiFID, #PSD, #emoney directive to name a few) published in today's public consultation of the ESAs (European Banking Authority (EBA), European Insurance and Occupational Pensions Authority (EIOPA) and European Securities and Markets Authority (ESMA)). As said before, navigating the legal and regulatory space of crypto-assets is not possible without solid knowledge of the traditional finance regulations.

Further to the known transaction monitoring direction that we are seeing being made a priority issued towards the pensions sector, the Central Bank of Ireland have published its 'Regulatory and Supervisory Outlook 2024' report – the first of what will be an annual report setting out their view on the key trends and risks, and regulatory and supervisory priorities.

Wow! the 🐼🎩 People's Bank of China and 🌴👑 #SAMA pivoted further away from the #dollar Federal Reserve Board – as forecast first by the EU ASEAN Centre, notably in our recent 🗣️🎙️on Asharq News الشرق w/ Bloomberg and BBC News (pictured here) 👆We’ll discuss all these issues and more at the ✈️🚀 G20 Pensions #Roundtable #21_23_March #JoinUs at the #G20Pensions #Roundtable: Ⓜ️ https://lnkd.in/eSY3iEi 👈 #PostGlobalization #PostCovid Age of Geoeconomics #ESGfinance #pensionfunds #savings #AuM #assetmanagement #LTinvestment #thoughtleaders #thoughtleaders #ESG

Economic outlook snapshot at 20/8/2023 #energyprices A summary of some of the DEBT MANAGERS STANDARDS ASSOCIATION LIMITED bullets from the Saturday bulletin. We also explored some of the key #debtadvice targets in the Money and Pensions Service 2023/24 plan. On face value, some mixed headline messages, with higher than target inflation impacting some UK consumers more than others. Energy prices forecast to reduce in October 2023, but interest rates projected to hit 6% by the end of the year. Ofgem and Ofwat have important consultations closing in October. #vulnerabilitymanagement remains a 'hot topic' as the Financial Conduct Authority #consumerduty beds in.

Treasury market is so fascinating. Sets the baseline for the entire global financial system but represents nothing more than private sector savings. The owners of treasury bonds at large? US corporates, domestic pensions, and households. The aphorism that we “owe it to ourselves” is as true as ever. I don’t think people realize how higher rates (when coupled with massive deficit spending) are quite expansionary/inflationary. Higher for longer!

Apollo: Credit Market Outlook - March 2024 The ongoing rally in credit is likely to continue driven by attractive all-in yields with strong demand from retail, insurance, and pensions… #investing #fixedincome #bonds #markets #strategy

Have Dutch #pension plans figured out the game plan to combat any #liquiditycrunch due to #interestrates rising, currency shifts, and more? What is the answer for extreme scenarios, interest rates up by 77 basis points in 24 hours. Insight from Investment & Pensions Europe (IPE) but it looks like pensions like Pensioenfonds Zorg en Welzijn (PFZW), Pensioenfonds ABP, Pensioenfonds Metaal en Techniek ( PMT ), #PME, and others are extremely well prepared. Are you a #pensions, #endowment, #foundation, #familyoffice or other strategic #allocator looking to test #portfolio scenarios and factor shocks when it comes to your investment strategies? Align your operations with Vidrio(dot)com today as we're helping investors navigate increasing volatility, interest rate rises, inflation, and the overall rise in portfolio complexity to help generate alpha. Learn more at Vidrio today. Dutch pension funds well prepared for liquidity crunch, say regulators https://hubs.ly/Q02jjbNM0

Although 2023 was seen by many investors as the year ‘bonds were back’, with exposure to bonds increasing at the fastest rate since the global financial crisis, Ella Hoxha, CFA, our head of fixed income, expresses the need for caution about longer-duration exposure. She explains to Lynn Strongin Dodds at Investment & Pensions Europe (IPE) that although “it is logical to be at the front end of the curve for credit and government bonds…positioning plays a big part because there is a lot of fast money at the moment going into bonds, which exacerbates the moves in the market and, as a result, it is good to be wary for now”. Read the full article here (subscription required) 👉 https://bit.ly/48F1QwR #InvestWithPurpose #FixedIncome #Bonds