EUCO fails to agree on the Recovery Package – as expected…; CRR “quick fix” completes all legislative stages in just 9 weeks from conception; CMU High Level Forum; Brexit - extension dies in 5 days.
Progress on the Recovery Package/Next Generation
Germany/ECB defusing the battle with Karlsruhe
CRR `quick fix’ – remarkable progress but tightly focussed!
CMU: High Level Forum report
Comepetition policy: LSE/Refinitiv example
The issue of NPLs and capital adequacy remains a high priority – hence the CRR changes
Non-Financial Reporting Directive (NFRD): lots of responses to the consultation and it is clearly becoming a major instrument to push sustainability amongst corporations.
Brexit: the topic probably cannot be avoided! Five days until the extension deadline expires and no realistic prospect of extension thereafter…
(full notes shortly)
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