Follow Us

Follow us on Twitter  Follow us on LinkedIn
 
Home>Friends' Services>Brussels Finance Watchers weekly e-mail
Print Page Save to My Library <Next Article  Previous Article>
26 October 2017

Friends 'Weekly' Newsletter


ECB report on financial structures, Basel Committee, banking supervisory priorities, BRRD, ESMA overview of EU derivative markets size, Prospectuses, European Council on Brexit negotiations, Brexit transition deal, no-deal Brexit and more.

  Jump directly to
Banking Union Capital Markets Union Political
Brexit & UK   About this email

  Articles from 19 October 2017 - 26 October 2017

  Banking Union
 
 
ECB: Report on financial structures shows ongoing consolidation in the banking sector
The number of credit institutions in the euro area banking sector declined by 25% between 2008 and 2016, according to the ECB’s 2017 Report on financial structures (RFS). On an unconsolidated basis, the number of credit institutions at the end of 2016 was 5,073, having fallen from 5,474 at the end of 2015.
Final guidelines on identification and management of step-in risk issued by the Basel Committee
The Basel Committee released the final Guidelines on identification and management of step-in risk. Step-in risk refers to the risk that a bank provides financial support to an entity beyond, or in the absence of, its contractual obligations should the entity experience financial stress.
BIS: Fifth BCBS-FSI-BSCEE high-level meeting on supervisory priorities in Europe
Fifty-two senior representatives from 30 European jurisdictions discussed topical banking regulatory and supervisory issues such as proportionality in banking regulation; identification, measurement and resolution of non-performing loans (NPLs); implementation of the post-crisis banking resolution framework; and regulation and supervision of cybersecurity.
European Parliament: Draft RTS on valuation before and following resolution under Articles 36 and 74 of the BRRD
This briefing has been drawn up to support ECON’s work on the scrutiny of delegated acts, in particular as regards the discussion on two draft European Banking Authority Regulatory Technical Standards on valuation under the Bank Recovery and Resolution Directive.
 
  Capital Markets Union
 
 
ESMA produces first overview of EU derivative markets size
ESMA produced, for the first time, data on the size of the interest rate, credit, equity, commodity and foreign exchange derivatives markets in the EU, based on the weekly data it receives from trade repositories TRs.
European Parliament briefing: Securitisation and capital requirements
As part of its ambition to create a Capital Markets Union, the European Commission wants to revive the securitisation market in the EU, in order to offer new financing tools and ease credit provision, especially for small and medium-sized enterprises.
ESMA updates its Q&A on Prospectuses
ESMA updated its Questions and Answers Document on prospectus related issues.
 
  Political
 
 
European Commission Work Programme 2018
The Commission Work Programme 2018 builds on the current momentum and sets out a targeted agenda to complete the ten priorities and the strategies that underpin them.
 
  Brexit & UK
 
 
The Guardian: Transitional Brexit deal must be agreed this year, City warns government
The City of London has warned that businesses will start activating Brexit contingency plans unless there is a transitional deal by the end of 2017, as Philip Hammond tried to calm fears that a final agreement may not be reached for another year.
Report by President Donald Tusk to the European Parliament on October European Council meetings and presentation of the Leaders' Agenda
Tusk focused on migration, EMU and Brexit, about which he said that leaders "have shown also during last European Council that no-one can divide the 27 in these negotiations."
European Council (Art. 50) conclusions
The European Council (Art. 50) on 20 October 2017 adopted conclusions on the state of the Brexit negotiations.
The Times: David Davis draws up plans for no deal on Brexit talks
David Davis is to present an upbeat assessment of a “no-deal” Brexit to the cabinet in a big shift in Britain’s negotiating strategy.
The Guardian: No Brexit transition period without final EU trade deal, Theresa May tells MPs
Theresa May has signalled there will be no transitional deal to prevent a “cliff-edge” Brexit unless the UK settles its final trading relationship with the EU next year, prompting warnings that businesses will start leaving the country before then.
The Guardian: UK likely to end up with Canadian-style deal, warns Michel Barnier
Post-Brexit trade arrangements with the EU will be very different from now and will take years to agree, says EU chief negotiator.
EurActiv: German bank regulator urges EU to be ready for hard Brexit
European Union regulators need temporary fixes in place to prevent market distortions in case banks based in Britain face a Brexit without a deal, Germany’s financial watchdog said.
 

  Graham's tweets

  Tag Cloud
article 50 brexit esma eu european council financial services the city theresa may trade uk


© Graham Bishop

< Next Previous >
Key
 Hover over the blue highlighted text to view the acronym meaning
Hover over these icons for more information


Add new comment





 


www.grahambishop.com
// Business Applications by Denaploy 		Web Master Information
Terms & Conditions
Privacy Policy