Brussels,

EU to Enhance Cyber Resilience of its Financial Sector

The European Supervisory Authorities (EBA, EIOPA, and ESMA) have launched the EU Systemic Cyber Incident Coordination Framework (EU-SCICF) under the Digital Operational Resilience Act (DORA) to enhance the financial sector’s response to cyber incidents, improving coordination among EU financial authorities and international actors.
Continue reading...

EU Banking & Financial Services Platform

Insights and Updates on EU Banking and Financial Services Initiatives and Policies
Subscribe

​EU Legislative activity

  • ​EU Legislation on Energy
  • Legislative activity at European Parliament and EU Council
  • Agenda, Documents, Video, Contacts with EU legislators

Regulation & Supervision

The EU has introduced a specific regulatory process for financial services. The EU’s supervisory architecture consists of 3 European supervisory authorities and a board to monitor systemic risks.

Banking and Banking Union

Single Supervisory Mechanism, Single Resolution Mechanism, European Deposit Insurance Scheme, Sovereign Bond-backed Securities (SBBS). Banking Union.
​

Capital Markets

The capital markets union (CMU) is a plan to create a single market for capital. The aim is to get money – investments and savings – flowing across the EU to help consumers, investors and companies.

Financial Markets

Secutity markets, Corporate bonds, Investment funds, Regulating credit rating agencies, Post-trade services, Prudential rules for investment firms, Financial supervision of shadow banking, Crowdfunding.

Consumer Finance and Payments

EU policies aim to protect consumers and create a single market in retail financial services. It created the Single payments market and regulates Payment Services..

Digital Finance - Fintech

New financial technologies can facilitate access to financial services and improve the efficiency of the financial system. Read about Crypto-assets, Digital euro and EU framework for financial data access

International Relations

EU has a financial system integrated with the rest of world.  EU is active in international forums and holds bilateral relations with third countries, In some case, EU must intervene with sanctions.

Enforcement and Infringements of Banking and Finance Laws

The application of EU directives is essential for the optimal functioning of the European banking and financial system.

Financial Crime

The EU has laws in place to combat money laundering and the financing of terrorism.

Insurance & Pensions

EU Risk management and supervision of insurance companies (Solvency 2), Insurance distribution, all kind of insurances, all pension funds, Insurance & pensions authorities and organisations.

Sustainable Finance

European Green Deal and private investments. EU Green Bond investments. EU offers a guide for companies on impact of business on climate change and on all possible environmentally sustainable investments.