European Banking Federation’s Post

“The EU Anti-Money Laundering Authority (AMLA) should serve as a central AML supervisory body, coordinate with Financial Intelligence Units, and facilitate information sharing among all AML stakeholders, especially through Public-Private Partnerships,” concluded Roger Kaiser, EBF’s Head of Tax & Compliance, at the 24th Policy Series seminar titled “The new European Anti-Money Laundering Authority (AMLA) – An Introduction,” hosted by the EBI - European Banking Institute. During the event, which also featured insightful contributions from Andrea Minto of the University of Venice and Olena Loboiko from the European Commission, Kaiser emphasized that the establishment of AMLA presents a unique opportunity to enhance the effectiveness of AML/CFT regulation and supervision. This improvement is essential for maintaining financial stability, ensuring security in Europe, and preserving the integrity of financial markets.

On May 14, 2024, the Joint Declaration on Employment Aspects of Artificial Intelligence was signed. The declaration, representing the peak of extensive collaboration and dialogue between stakeholders, addresses the challenges and opportunities #AI presents for the industry's workforce. The Declaration, which is a significant step in shaping the future of the European banking sector, is now available in 22 languages on our website! The rise of AI has introduced new challenges and opportunities and the social partners across all levels are ready to help reduce any uncertainty around these changes and will monitor the use of AI in the banking sector in the years to come. 🖇️ https://lnkd.in/ghsk7aS3 Dr. Jens T. Thau MICHAEL KAMMAS Sébastien de Brouwer Michelle Schonenberger Michael Budolfsen Elke Maes William Portelli Maureen Hick

EBF is looking for a full-time trainee in compliance, tax, and financial crime. If you or someone you know has a strong passion for Europe, EU Affairs, taxation, and/or anti-money laundering, and is eager to work in an ambitious and active team in a sector critical for companies and households in Europe, we’d love to hear from you! Help us spread the word and share this opportunity with your network. Read more to find out how to apply: https://lnkd.in/eXmWphsf

Starting on 9 July 2024, Gonzalo Gasos, Senior Director Prudential Policy and Supervision at the European Banking Federation, will begin his four-year term at the European Banking Authority (EBA)’s at Banking Stakeholder Group (BSG). Gonzalo succeeds Sébastien de Brouwer, Deputy CEO, EBF, following the end of his two consecutive terms. Together with the newly appointed members, Gonzalo will provide EBA with guidance on policy matters and will be consulted on technical standards and guidelines pertaining to the EBA strategic priorities in the next 4 years, including the finalisation of Basel III and other components of the EU Single Rulebook. Gonzalo brings extensive expertise from his career in international banks with focus on risk management and the implementation of prudential standards. Since joining the EBF in 2015, Gonzalo has been shaping and delivering the advice of European banks on prudential policy in close cooperation with experts from banks and national banking associations. He is also managing the collaboration platforms of the EBF with the Single Supervisory Mechanism (SSM) and the Single Resolution Board (SRB) since the onset of the Banking Union. 🖇️ https://lnkd.in/ethsE22e

Financial education is a permanent focus for members of the European Banking Federation. This week, the Financial Education Project Group (FEPG) met in Athens to discuss the latest national #FinancialLiteracy strategies across Europe, the best practices implemented by EBF members, the upcoming European Money Quiz 2025, and the latest PISA 2022 results. The FEPG is a critical resource for the EBF as it creates synergies between national banking associations. A big thank you to the Chair of the group, Sophia Ziakou from the Hellenic Bank Association, who was our host! Jessie Cargill-Ek Kristín Lúðvíksdóttir Päivi Luna Carmen Rizo Andrea Grabner Jessica Thyrion 🇵🇸 Vasso Michaelidou

“Private-public partnership is great, cross cooperation between sectors is great, but the real game changer would be cross-sector cooperation between supervisory authorities", concluded her intervention Alessandra Chiarini at this year's Global Anti-Scam Summit Europe. Alessandra participated in the panel titled "Building A Better Anti-Fraud Approach Together", sharing the European Banking Federation view on online fraud complexities and banking challenges. Global Anti-Scam Alliance (GASA) Alexandra Maniati

How resilient are European banks, and what actions are needed next? EBF’s Senior Director of Prudential Policy and Supervision, Gonzalo Gasos, provides insight into the impact of regulatory reforms and the critical role of capital efficiency in shaping Europe's competitiveness. Curious about the future of banking regulations? Press play!  🖇️ https://t.co/iRyorDpZlN  #FutureFinancingEurope  #BankingSpotlight

A new Banking Governance program was launched by IMD, the international business school in Lausanne, in partnership with the European Banking Federation. The program is designed for leaders in the banking and finance sector to address the unique challenges of governance in our complex, regulated industry. Participants will gain insights into best practices and enhance their ability to meet regulatory demands and steer their institutions effectively. Learn more about how you can refine your governance skills and drive excellence in your organization. https://lnkd.in/g8_-Aif8

What are some effective strategies for fostering cross-border collaboration in anti-fraud efforts? Join our colleague, Alessandra Chiarini, a specialist in payments from the Innovation & Cybersecurity team, at the 2024 Global Anti-Scam Summit (GASS) in Brussels on June 24th. Alessandra will be participating in a panel discussion on "Building A Better Anti-Fraud Approach Together" on the first day of the summit and will share valuable insights on: • The complexities of online fraud and its impact across various sectors. • The challenges banks face in tackling scams alone. • The critical need for public-private partnerships to effectively combat fraud. There are no more in-person tickets left, but the good news is that online participation is free of charge! Make sure to register: https://loom.ly/OJlpWMw #EBF #GASS2024 Alexandra Maniati Global Anti-Scam Alliance (GASA) https://lnkd.in/gReeqmrd