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       Posted on May 14th, 2012

Joint Associations Comments on the European Commission’s proposal to reform the VAT rules applied to financial and insurance services

The European Association of Co-operative Banks (EACB), the European Association of Public Banks (EAPB), the European Banking Federation (EBF), the European Fund and Asset Management Association (EFAMA), Insurance Europe (formerly the CEA) and the European Federation of Insurance Intermediaries (BIPAR)  emphasize their profound concern that discussions on the VAT Directive have stalled and [...]


       Posted on February 22nd, 2012

IIB / EBF comments on the Joint Notice of Proposed Rulemaking Implementing the Volcker Rule

According to the Institute of International Bankers and the European Banking Federation, “the Proposed Rule’s interpretation of the statutory exemptions for activities conducted “solely outside of the United States” is inconsistent with the plain language of the statute, congressional intent, the Volcker Rule’s policy objectives, and longstanding U.S. policies limiting the extraterritorial scope of [...]


       Posted on December 15th, 2011

EU Banking Sector: The world’s largest banking system in the world’s largest economic space – Facts and Figures 2011

Contents:

Summary Factsheet – 2010
1. European Banking Sector in Figures
2. Condition of the European Banking Sector: Implications of the Crisis for Governments and Banks
3. The EU Banking Sector in a Global Context: Is Europe Really Overbanked?
Annex: Comparison of national banking sectors in the EBF Member and Associate countries (2010)


       Posted on July 12th, 2011

Extra‐territorial effects in EU and US regulation of derivatives – Associations joint letter

The associations signing this letter to Secretary Geithner and European Commissioner Barnier are concerned that regulation in different G20 jurisdictions may be creating conditions which will lead to the above‐mentioned harmful outcomes, ultimately decreasing the ability of global regulators to effectively regulate an increasingly global capital marketplace.

Source: GFMA / FOA / EBF / [...]


       Posted on June 12th, 2011

The Balancing Act: EBF Outlook N°31 on the euro area economies 2011-2012 / Mid-Year Economic Outlook

The euro area GDP growth will be 1.7% for this year and next, say members of the Economic and Monetary Affairs Committee (EMAC) of the European Banking Federation in their latest Outlook on the Euro Area economy for 2011/12. They also expect inflation to rise to 2.5% this year, and to stabilize at [...]


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