Dear friends, dear interested, The European Court of Auditors announced that it will scrutinise the effectiveness of the European anti-money laundering supervision in the banking sector by means of an audit report. In doing so, the Court will examine the…

Today, the EU Commission’s high-level expert group published its final report with recommendations for the further development of the European Capital Markets Union. The group consisting of experts from authorities, the financial businesses and a few consumer and investor…

Mário Centeno resigns as Portuguese finance minister. This also makes the post of the Eurogroup President vacant that Centeno is currently holding. MEP Sven Giegold, financial and economic policy spokesperson of the Greens/EFA group commented: “The replacement of the Eurogroup…

With the so-called “CRR quick fix” of the capital adequacy rules, European banks are to be granted far-reaching capital relief in the Corona crisis. After the EU Commission had submitted a proposal at the end of April, the Committee…