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Originally published on 3 May 2025
ECB
- Navigating a fractured horizon: risks and policy options in a fragmenting world – Speech by Piero Cipollone, Member of the Executive Board of the ECB
- Presentation of the ECB Annual Report 2024 to the Committee on Economic and Monetary Affairs of the European Parliament
- Feedback on the input provided by the European Parliament as part of its resolution on the ECB’s Annual Report 2023
- Die Presse: Interview with Luis de Guindos, Vice-President of the ECB, conducted by Jakob Zirm on 28 April 2025
- ECB Video: Why monetary policy should crack down harder during high inflation
- ECB Consumer Expectations Survey results – March 2025
- ECB publishes Economic Bulletin No 3
- How will European consumers react to US tariffs?
- Further ECB documents
- Monetary developments in the euro area: March 2025
- Euro area economic and financial developments by institutional sector: fourth quarter of 2024
- Results of the March 2025 Survey on credit terms and conditions in euro-denominated securities financing and OTC derivatives markets (SESFOD)
- ECB introduces changes to the dedicated credit facility for euro area CCPs
- ECB study shows money market turnover rose from 2022 to 2024
- Consolidated financial statement of the Eurosystem as at 25 April 2025
- Long-term inflation expectations of consumers: an overview
- Why monetary policy should crack down harder during high inflation
- Annual Report 2024
- Feedback on the input provided by the European Parliament as part of its resolution on the ECB’s Annual Report 2023
- The macroeconomic impact of euro area discretionary fiscal policy measures since the start of the pandemic
- Introducing statistical in-house credit assessment systems (S-ICASs) as an additional source of credit assessments under the general collateral framework
- The 2021-24 inflation surge through the lens of the ECB-BASE model
- Who wants to work more? Revisiting the decline in average hours worked
- The implications of US-China trade tensions for the euro area – lessons from the tariffs imposed by the first Trump Administration
- Challenges to the resilience of US corporate bond spreads
- Medium-term fiscal-structural plans under the revised Stability and Growth Pact
- Euro money market study 2024
- Long-term inflation expectations of consumers: an overview
- Mortgage refinancing and the marginal propensity to consume
ECB BANKING SUPERVISION
- Making banking simple: one market, one rulebook – Keynote speech by Sharon Donnery, Member of the Supervisory Board of the ECB
PEPP
- ECB Blog: Looking back at PEPP implementation since the end of reinvestments
EU SAVINGS AND INVESTMENT UNION
- EU Savings and Investments Union at the Brussels Economic Forum on 22 May
- CEPS, ECMI, CFA: Realising the Savings and Investments Union: Inclusion as a vector of integration for EU capital markets
EU BANKING UNION
- EU Commission on competitiveness of the EU banking sector
EIB
- European Investment Bank Group Evaluation Activity Report 2024 and Work Programme 2025-2027
- Ombudswoman welcomes EIB decision to proactively publish more environmental and social data
- EP Budgetary Control Committee on EIB
- Publications – European Investment Bank – Annual Reports 2023 – Committee on Budgetary Control
- Publications – Control of the financial activities of the EIB – annual report 2023 – 2024/2052(INI) – Committee on Budgetary Control
EBA
- The EBA consults on draft amending technical standards on factors assessing the appropriateness of real estate risk weights
- Further EBA publications
- François-Louis Michaud’s keynote speech at Handelsblatt Bankenaufsicht 2025: Aktuelle europäischen Entwicklungen
- EBA events
- 13 May 2025: Public hearing on Regulatory Technical Standards on on the threshold of activity at which Central Securities Depositories (CSDs) providing ‘banking-type ancillary services’
- 13 May 2025: Public hearing on amending draft RTS concerning the assessment of appropriateness of risk weights and minimum LGD values
- 14 May 2025: ESAs online workshop with ICT third-party providers: CTPP designation and the preparatory phase for the oversight framework
- 25 Juni 2025: Board of Supervisors meeting
EIOPA
- EIOPA’s insurance dashboard shows overall stable risk landscape but geopolitical uncertainties worsen the outlook for macro, market and digitalisation risks
- EIOPA’s risk dashboard shows stable risk landscape for occupational pension funds although geopolitical uncertainties bring macro and market risks to the fore
- EIOPA opens first set of consultations in preparation for the EU’s insurance recovery and resolution framework
- Open EIOPA events
- 14 May 2025: ESAs online workshop with ICT third-party providers: CTPP designation and the preparatory phase for the oversight framework
- 12 Jun 2025: Webinar on ESMA’s and EIOPA’s Annual Cost and Past Performance Report
- 03 September 2025: 9th Conference on Global Insurance Supervision: Global Insurance Supervision: Building Resilience in a Risk-Driven World
ESMA
- ESMA consults on rules for ESG Rating Providers
- ESMA issues supervisory guidelines to prevent market abuse under MiCA
- ESMA report shows increased data use across EU and first effects of reporting burden reduction efforts
- ESMA publishes the annual transparency calculations for non-equity instruments and bond liquidity data
- Further ESMA publications
- Net short position notification thresholds for sovereign issuers
- List of Authorised DLT Market Infrastructures
- Terms of Reference – Joint Monitoring Mechanism
- CSD Register
- CSDR Template for CSD Register Notifications
- Latest entries in the ESMA Library
- 02/05/2025 – ESMA84-858037815-683 – Consultation Paper on the Technical Standards under the Regulation on the transparency and integrity of ESG rating activities – Reply form
- 02/05/2025 – ESMA84-2037069784-2276 – Consultation Paper on the Technical Standards under the Regulation on the transparency and integrity of Environmental, Social and Governance (ESG) rating activities
- 02/05/2025 – Net short thresholds – Net short position notification thresholds for sovereign issuers
- 30/04/2025 – Authorised DLT Market Infrastructures – List of Authorised DLT Market Infrastructures
- 30/04/2025 – ESMA12-1209242288-856 – Report on Quality and Use of Data 2024
- 29/04/2025 – ESMA25-229244789-5242 – Staff Stakeholder contacts between July and December 2024
- 29/04/2025 – ESMA24-229244789-5125 – Staff Stakeholder contacts between January and June 2024
- 29/04/2025 – ESMA32-992851010-1815 – Guidelines on Enforcement of Sustainability Information (GLESI)
- 29/04/2025 – ESMA70-151-564 – CSDR Template for CSD Register Notifications
- 29/04/2025 – ESMA70-155-11635 – CSD Register
- 29/04/2025 – ESMA75-453128700-1408 – Final Report on the Guidelines on supervisory practices for competent authorities to prevent and detect market abuse under MiCA
- 28/04/2025 – ESMA81-168987738-795 – Terms of Reference – ESMA Supervisory Policy Committee
- 28/04/2025 – ESMA91-1525761655-4468 – Terms of Reference – CCP Resolution Committee
- 28/04/2025 – ESMA91-934075275-48 – Terms of Reference – Joint Monitoring Mechanism
- Ongoing ESMA Consultations
- From 08/04/2025 to 16/06/2025: Consultation on the Draft technical standards to further detail the new EMIR clearing thresholds regime
- From 07/04/2025 to 30/05/2025: Consultation on the Technical Standards on the European Green Bond Regulation
- From 03/04/2025 to 03/06/2025: Consultation on the Draft implementing technical standards on the extension of the use of the alleviated format of insider lists
- From 03/04/2025 to 03/07/2025: MiFIR Review: Consultation Package 4 – transparency for derivatives, package orders and input/output data for the derivatives consolidated tape
- From 18/02/2025 to 19/05/2025: Consultation on the Guidelines on supplements which introduce new securities to a base prospectus
- From 17/02/2025 to 22/04/2025: Consultation on the Guidelines for the criteria on the assessment of knowledge and competence under MiCA
- From 13/02/2025 to 14/04/2025: Consultation on the Amendments to the RTS on Settlement Discipline
EU PARLIAMENT REGISTER
- Joint meeting Employment and Social Affairs and Culture and Education Committees
EP Committees
- Minutes – Monday, 28 April 2025 – PE773.135v01-00 – Committee on Economic and Monetary Affairs
- AMENDMENTS 1 – 10 – Draft report Amendment of Regulation (EU) No 909/2014 as regards a shorter settlement cycle in the Union – PE773.076v01-00
- AMENDMENTS 1 – 245 – Draft report The role of simple tax rules and tax fragmentation in European competitiveness – PE773.100v01-00
- In-Depth Analysis – How have European banks developed along different dimensions of international competitiveness? – PE 764.383 – Committee on Economic and Monetary Affairs
- In-Depth Analysis – US tariffs: economic, financial and monetary repercussions – PE 764.382 – Committee on Economic and Monetary Affairs
- Briefing – Monetary Dialogue in March 2025: Summary of parliamentary scrutiny activities – PE 764.177 – Committee on Economic and Monetary Affairs
- DRAFT REPORT on safeguarding and promoting financial stability amid economic uncertainties – PE771.960v01-00
- DRAFT REPORT on the proposal for a regulation of the European Parliament and of the Council on the proposal for a regulation of the European Parliament and of the Council amending Regulations (EU) 2015/1017, (EU) 2021/523, (EU) 2021/695 and (EU) 2021/1153 as regards increasing the efficiency of the EU guarantee under Regulation (EU) 2021/523 and simplifying reporting requirements – PE773.087v01-00
- RECOMMENDATION FOR SECOND READING on the Council position at first reading with a view to the adoption of a regulation of the European Parliament and of the Council amending Regulation (EU) 2016/1011 as regards the scope of the rules for benchmarks, the use in the Union of benchmarks provided by an administrator located in a third country, and certain reporting requirements – A10-0060/2025
- DRAFT OPINION on the proposal for a directive of the European Parliament and of the Council stablishing harmonised requirements in the internal market on transparency of interest representation carried out on behalf of third countries and amending Directive (EU) 2019/1937 – PE773.117v01-00
- AMENDMENTS 1 – 10 – Draft report Amendment of Regulation (EU) No 909/2014 as regards a shorter settlement cycle in the Union – PE773.076v01-00
- Study – The European Parliament, Economic and Monetary Union, and the Maastricht Treaty – 28-04-2025
- AMENDMENTS 262-271 – REPORT on the proposal for a regulation of the European Parliament and of the Council on the screening of foreign investments in the Union and repealing Regulation (EU) 2019/452 of the European Parliament and of the Council – A10-0061/2025(262-271)
EU Commission answers to MEPs
- Answer to a written question – Documents required by financial institutions when entering into contracts with clients – E-000321/2025(ASW)
- Answer to a written question – Borrowers of loans in Swiss francs – E-000367/2025(ASW)
EU COUNCIL REGISTER
- WK 4326 2025 INIT Presidency Discussion Note: Discussion on transparency on payment card schemes’ fees and rules
EU COMMISSION REGISTER
- COMMUNICATION TO THE COMMISSION COMMUNICATION FROM COMMISSIONER DOMBROVSKIS TO THE COMMISSION IN AGREEMENT WITH EXECUTIVE VICE-PRESIDENT FITTO on the positive preliminary assessment of the second payment request of Grand-Duché de Luxembourg pursuant to Regulation (EU) 2021/241
- COMMISSION DELEGATED REGULATION (EU) …/… supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the arrangements, systems and procedures to prevent, detect and report market abuse, the templates to be used for reporting suspected market abuse, and the coordination procedures between the competent authorities for the detection and sanctioning of market abuse in cross-border market abuse situations
- COMMISSION DECISION on the adoption of the answer to be provided to the question submitted by the European Banking Authority under Article 16b(5) of Regulation (EU) No 1093/2010 of the European Parliament and of the Council
- COMMISSION OPINION in accordance with Article 19 of the Statute of the European Investment Bank
- COMMISSION OPINION in accordance with Article 19 of the Statute of the European Investment Bank
BANK FOR INTERNATIONAL SETTLEMENTS
- BIS Central Bankers’ Speeches
- Antoine Martin: The Extended Liquidity Facility (ELF) – the next step in the Swiss National Bank’s liquidity support to banks
- Richard Doornbosch: Sustainable tourism development in Curaçao – a balanced approach
- Adriana D Kugler: Transmission of monetary policy
- Lesetja Kganyago: Challenges of the Group of Twenty
- Christodoulos Patsalides: The economy of Cyprus – developments and outlook
- Christopher Kent: Australia’s external position and the evolution of the FX markets
- Primož Dolenc: Green finance and investment
- Leonardo Villar-Gómez: Speech – XVIII Asofondos Congress
- Denis Beau: Our payment system at a time of geopolitical risks
- Darryl Chan: Global outlook – unlocking market potential through financial connectivity
- Sanjay Malhotra: India – a partner in progress and prosperity
- Adnan Zaylani Mohamad Zahid: Next-generation fintech ecosystem – harnessing the full potential of innovation
- David Ramsden: Renewed RTGS – digital public infrastructure as a platform for innovation
- Piero Cipollone: Navigating a fractured horizon – risks and policy options in a fragmenting world
- Philip N Jefferson: Economic mobility and the dual mandate
- Rajeshwar Rao: Building a robust ecosystem for green and sustainable finance in India
- Claudia Buch: Staying the course in troubled waters – safeguarding the stability of the global banking system
- Olli Rehn: The European economy in the new landscape of power politics and trade protectionism
- Martin Schlegel: Price stability benefits all
- François Villeroy de Galhau: Markets and minds – upholding the transatlantic partnership
- Chang Yong Rhee: Navigating political uncertainty while maintaining independence
- Howard Lee: Opening remarks – Project Cargox expert panel kick-off meeting
- Chia Der Jiun: Charting a steady course in a changing world
- Michael S Barr: Deepfakes and the AI arms race in bank cybersecurity
- François Villeroy de Galhau: Preserving our transatlantic values, beyond present unpredictability
- Christopher J Waller: Welcoming remarks – “Fed Listens”
- Sanjay Malhotra: Welcome address – 24th FIMMDA-PDAI Annual Conference
- Klaas Knot: Agnostic or preaching the gospel – what the state of the world implies for ECB monetary policy and the role of the euro
- BIS Central Banks’ Research Hub
- Principles for the Management of Credit Risk
- BIS global liquidity indicators at end-December 2024
- Statistical release: BIS international banking statistics and global liquidity indicators at end-December 2024
- CPMI-IOSCO assesses that the EU has implemented the Principles for financial market infrastructures for two FMI types, but recommends some improvements
- Implementation monitoring of PFMI: Level 2 assessment report for the European Union – PSs and CSDs/SSSs
- Governance and implementation of artificial intelligence in central banks
- ETFs as a disciplinary device
IMF
- New Economy Forum: Towards an AI-Ready Workforce: A Strategic Public-Private Collaboration
- New Economy Forum Workshop: AI and GovTech in Public Finance
- Further IMF publications
- Middle East and North Africa Regional Economic Outlook: Three Key Messages
- The IMF’s Middle East and North Africa Regional Economic Outlook: Charting a Path through the Haze
- Country Report No. 2025/100 : People’s Republic of China: Financial Sector Assessment Program-Financial System Stability Assessment-Press Release; Staff Report; and Statement by the Executive Director for the People’s Republic of China
- Working Paper No. 2025/085 : Using Simulations for Cyber Stress Testing Exercises
- Policy Paper No. 2025/017 : 2025 Update of Resource Adequacy of the Poverty Reduction and Growth Trust, Resilience and Sustainability Trust, and Debt Relief Trusts
- Policy Paper No. 2025/016 : Review of the Fund’s Income Position for FY 2026 and FY 2026
- Policy Paper No. 2025/015 : FY2026-FY2087 Medium-Term Budget
- Policy Paper No. 2025/014 : Precautionary and Liquidity Line – Operational Guidance Note
- Policy Paper No. 2025/013 : Flexible Credit Line and Short-Term Liquidity Line-Operational Guidance Note
UK
- Publications by the Bank of England
- Maintaining Momentum: Managing Climate risk in a changing world − speech by David Bailey
- Overseeing BPA growth safely – Speech by Gareth Truran
- Bank of England teams up with The University of Manchester to improve access to economics in schools
- Minutes of the Securities Lending Committee meeting – March 2025
SWITZERLAND
- Antoine Martin: The Extended Liquidity Facility (ELF): the next step in the SNB’s liquidity support to banks
GERMANY
- Publications by the Deutsche Bundesbank
- Disentangling supply-side and demand-side effects of uncertainty shocks on U.S. financial markets: Identification using prices of gold and oil | Discussion paper 10/2025: Timo Bettendorf
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