European Union (EU)
Bundesbank official: Don't count on ‘economic sanity’ in Brexit talks
Equivalence agreement “not a reliable substitute” for passporting
Economic shocks more likely to spread within EU – new research
Researchers use new model to measure propagation of regional shocks in Europe
Target2 robust enough to withstand liquidity shocks – ECB study
Research modelled effects of “extreme collateral deteriorations” on Target2 participants
Irish deputy governor says Brexit will have negative impact on Ireland
Donnery says regulators must not allow “fragmented” supervisory system to emerge
Europe must strengthen money-laundering controls – EU agencies
Firms fail to properly implement AML/CFT policies, two-thirds of European national regulators say
Why the EU needs an asset management company
EBA authors lay out designs for an asset management company that could tackle the EU’s NPL problem
Fiscal rules fail to tackle EU policy biases – IMF research
Future adjustments should focus on political economy factors, authors say
EBA and Esma request clarification of CCP regulations
Agencies query areas of ambiguity for clearing houses’ derivatives transactions
EU watchdog enquires into Draghi’s membership of G30
NGO accuses ECB of being too close to financial industry
Spanish deputy governor hints at need for European banking mergers
Restoy says supervisors should not promote specific integrations
FCA urges progress on equivalency for derivatives trading
US and EU regulators should base recognition decisions on outcomes, not technical details
ECB backs EC plan to consolidate macro-prudential policy
Central bank says it should be handed new and clearer powers
ECB publishes latest eurozone trade and investment guide
“Bop and IIP book“ explains compilation of national and eurozone figures
Eurozone must urgently raise productivity, Draghi warns
ECB policy provides governments with "window of opportunity" for reform, ECB president says
Austrian central bank gives award to two young economists
Papers study responses to shocks in structural funds and effects of trade on business cycle
‘Significant’ housing market risks in eight EU states – ESRB
UK outlook “highly uncertain”, while regulatory mandate in Sweden is “not clear”
Praet calls for European ‘fiscal backstop’ and deposit insurance scheme
Limited banking union leaves Europe more open to country-specific shocks, ECB economist says
Cœuré spells out ECB’s stance on Greek reforms
Government must reform legal process and status of banks, senior ECB figure says
Eurozone reform projects are not delivering, French governor says
“Investment crunch” is biggest problem, not savings glut, Villeroy de Galhau says
European supervisors publish new anti-money laundering guidelines
Some firms concerned over national supervisors’ ability to regulate money laundering risks
EU places sanctions on new Syrian central bank governor
Duraid Durgham placed under asset freeze and travel ban due to “support for Syrian regime”
Unit root methods can help detect financial bubbles, Finnish paper argues
Researchers apply tool to data from 15 European countries
EBA recommends changing basis of resolution finance
“Crucial” that new measure reflect ability to call on funds in case of resolution crisis, EBA says
Irish central bank publishes minutes of first macro-prudential committee meeting
Governor and senior staff approve current O-Sii and C-Cyb plans