• 17 December 2015

    Last week, the Luxembourg presidency of the European Council reached an informal agreement with the European Parliament on common rules to strengthen network and information security (NIS) across the EU. On December 8th 2015, the Ministers of Finance held an ECOFIN meeting. A few days later the European Commission launched a consultation to look at retail financial services from the perspective of European consumers in order to boost competition, transparency and choice.

  • 8 December 2015

    On November 30th 2015, the European Council announced that the Single Resolution Mechanism will enter into force on January 1st 2016. The same day, the European Commission published a proposal to overhaul the prospectus directive. This directive should improve access to finance for companies and simplify information for investors. A few days later, the Council agreed on the Securitisation package, which will be the first building block of the Capital Markets Union. 

  • 1 December 2015

    Last week, the European Commission published its proposal on the European Deposit Insurance Scheme. On November 24th 2015, the European Banking Authority revealed the outcome of its 2015 EU-wide transparency exercise. One day later, the European Parliament and Council reached an agreement on the regulation of financial benchmarks.

  • 23 November 2015

    Last week, the Group of 20 Leaders’ came together at the Antalya Summit 2015. On November 16th 2015, the European Council adopted updated rules for electronic payment services. On the same day, the Council also agreed on new transparency rules on securities financing transactions.

  • 16 November 2015

    On November 2nd 2015, Danièle Nouy gave a speech about the first year of the Single Supervisory Mechanism. During the European Council meeting of November 10th several items were debated such as Capital Markets Union, Banking Union, Single Resolution Mechanism – Bridge Financing, the “Five Presidents Report” and Climate Change. One day later the European Commission held an orientation debate about the next steps needed to complete the Banking Union. 

  • 3 November 2015

    Last week, the European Commission has published a first set of concrete measures to begin the implementation of the ambitious plan to deepen EMU. On 27 October, the European Commission adopted its 2016 Work Programme. On the same day, the European Parliament's Special Committee on Tax Rulings recommended measures to make corporate taxes in the EU fairer and more transparent. 

  • 23 October 2015
    The European Commission published its Action Plan for the Capital Markets Union (CMU) on the 30th of September.
  • 22 October 2015

    Within the framework of the Flanders-Netherlands Economic Mission to the United States, which took place at the beginning of this month, Febelfin has signed a Memorandum of Understanding on cybersecurity together with FS-ISAC (Financial Services – Information Sharing and Analysis Center). A similar commitment has been signed by the Dutch Bankers Association and the Dutch FI-ISAC branch.

  • 12 October 2015

    Last week, the European Commission made a public appeal for new views on a common consolidated corporate tax base. Before the end of this year, a new Payment Services Directive will be approved and at the ECOFIN meeting on 0ctober 6, 2015, an agreement was reached on automatic tax rulings and the action plan for the Capital Markets Union.

  • 7 October 2015

    Today, Wednesday October 7, 2015, Febelfin has signed a Memorandum of Understanding on cybersecurity together with the Financial Services – Information Sharing and Analysis Center (FS-ISAC) in Atlanta in the United States.