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I suppose that the Banking Union, like many of these big European projects, is one of an ongoing story of maybe small steps, some big leaps.

Wherever you are, whether you are industry or supervisors, I think this conference is really important. Because we are living in a time of enormous change and enormous uncertainty.

In this issue: an article on women & finance, sanctions against Russia, & the latest @EU_Finance podcast – on digital finance.

Sometimes in Europe we see only the problems, but truly there are many European solutions that have worked.

I was looking before I came here at the number of files that are open - so we have close to 20 active files under negotiation - ranging from measures to develop capital markets union, anti-money laundering, and sustainable finance.

Sanctions are targeted at the Russian economy, the Kremlin, its power base and those involved in Russia's unprovoked war against Ukraine. They aim to impair the Russian government's ability to finance its war against Ukraine and are calibrated to target those responsible and to incur high costs on t

The European Commission welcomes the adoption of the sixth package of restrictive measures against Russia.

It strikes me that Capital Markets Union has been around for some time so the ambition is huge and the potential is great.

The outcome of this public consultation will help the Commission prepare a proposal to review the rules for financial benchmarks administered outside the EU, to be published in Q4 of 2022.