Hot Topics

/Hot Topics

European Supervisory Authorities consult on Big Data – deadline 17 March

EBA information - available  here The Joint Committee of the European Supervisory Authorities (ESAs) launched today a public consultation about the potential benefits and risks of Big Data for consumers and financial firms to determine whether any further regulatory or supervisory actions may be needed. Big Data is a phenomenon linked to the ever increasing [...]

By | February 16th, 2017|Hot Topics|Comments Off on European Supervisory Authorities consult on Big Data – deadline 17 March

European Pillar of Social Rights

European Pillar of Social Rights Detailed proposals to build a European Pillar of Social Rights are expected by March 2017. A Social Summit on “Fair Jobs and Growth” is scheduled in Gothenburg on the 17 November 2017, during the Swedish Presidency of the EU. The aim is to put social priorities at the top of [...]

By | February 7th, 2017|Hot Topics|Comments Off on European Pillar of Social Rights

The future of financial services: which policy mix to stimulate innovation in products, models and processes

On 31 January 2017, CEPS (Centre for European Policy Studies) is holding a seminar in Brussels on “the future of financial services: which policy mix to stimulate innovation in products, models and processes”. https://www.ceps.eu/events/future-financial-services-which-policy-mix-stimulate-innovation-products-models-and-processes

By | February 7th, 2017|Events, Hot Topics|Comments Off on The future of financial services: which policy mix to stimulate innovation in products, models and processes

Fin Tech: the influence of technology on the future of the financial sector

On 25th January 2017, the European Parliament's IMCO committee (internal market and consumer protection) discussed a draft opinion on “Fin Tech: the influence of technology on the future of the financial sector”. Amongst other recommendations supporting a roll-out of Fin Tech, the draft opinion urges the promotion of digital services including across national boundaries. P.E595.754v01.

By | February 7th, 2017|Events, Hot Topics|Comments Off on Fin Tech: the influence of technology on the future of the financial sector

Measuring Financial Inclusion in the EU: Financial Inclusion Score

MFC Research paper: Measuring Financial Inclusion in the EU: Financial Inclusion Score The paper presents a radical new approach to measuring financial inclusion in the EU: a financial inclusion score that treats financial inclusion as the efficiency with which a financial system transforms the conditions of access (infrastructure, regulations, etc) into the actual use of [...]

By | January 26th, 2017|Hot Topics, Reading Room|Comments Off on Measuring Financial Inclusion in the EU: Financial Inclusion Score

Commission proposes new approach to business insolvency in Europe : country specific fact sheet

The European Commission is for the first time presenting a set of European rules on business insolvency today. Well-functioning insolvency and restructuring systems are key to supporting economic growth. This initiative aims to enhance the "rescue culture" in the EU. It will allow companies in financial difficulties to restructure early on so as to prevent [...]

By | November 27th, 2016|Hot Topics, Reading Room|Comments Off on Commission proposes new approach to business insolvency in Europe : country specific fact sheet

Early restructuring and a second chance for entrepreneurs: A modern and streamlined approach to business insolvency

EU Fact Sheet - November 2016 Every year in the EU, 200 000 firms go bankrupt, resulting in over 1.7 million people losing their jobs. A well-functioning insolvency framework is essential to support growth and business creation. That is why the European Commission is putting forward modern and streamlined insolvency rules that will facilitate restructuring, [...]

By | November 27th, 2016|Hot Topics, Reading Room|Comments Off on Early restructuring and a second chance for entrepreneurs: A modern and streamlined approach to business insolvency

Commission proposes new approach to business insolvency in Europe: promoting early restructuring to support growth and protect jobs

On 22 November 2016 - Commission has adopted its proposal for a Directive on preventive restructuring frameworks, second chance and measures to increase the efficiency of restructuring, insolvency and discharge procedures. A copy of the proposal can be found HERE The proposal will be now negociated with the Member States and the EU Parliament: EFIN [...]

By | November 27th, 2016|Hot Topics, Reading Room, We Advocate|Comments Off on Commission proposes new approach to business insolvency in Europe: promoting early restructuring to support growth and protect jobs

On going consultation on the European Pillar of Social Rights

Public consultation on the European Pillar of Social Rights Objective of the consultation To make an assessment of the present EU social "acquis", determining the extent to which existing rights are practiced and remain relevant or whether and where new ways to deliver on these rights should be considered; To reflect on new trends in [...]

By | November 19th, 2016|Hot Topics, We Advocate|Comments Off on On going consultation on the European Pillar of Social Rights

EU Parliament report on (ECON) on Green Paper on Retail Financial Services

The European Parliament’s Economic Affairs Committee (ECON) passed a report on the Green Paper on retail financial services on 1 October calling for simpler and more transparent financial products for all consumers, not just cross-border ones (report not yet available online).EU Parliament report Within the document, we are pointing out some specific and major dimensions [...]

By | November 19th, 2016|Hot Topics|Comments Off on EU Parliament report on (ECON) on Green Paper on Retail Financial Services