News

The European Commission adopted today a delegated act that postpones by one year the date of application of the Basel III fundamental review of the trading book (FRTB) standards in the EU for the banks’ calculation of their own funds requirements for market risk.

The report takes stock of analytical work and policy responses carried out by the EU so far.

The Commission welcomes the Council's adoption of a 14th package of sanctions against Russia. The new package responds to the needs and findings on the ground, and tackles enforcement issues.

The Financial Services User Group (FSUG) has unveiled its comprehensive set of recommendations for the next European Commission, aiming to address critical challenges faced by European citizens, including financial services consumers, retail investors and pension savers.

The annual joint European Central Bank and European Commission conference on European financial integration is live.

The Commission launched a targeted consultation and a workshop series to seek input from stakeholders on the use of artificial intelligence (AI) in finance.

The objective of the consultation is to gather further insight into the markets and business models of NBFI, and the interconnectedness among them and with banks.

The European Commission is issuing an alert to warn about circumvention risks in relation to the price caps on crude oil and petroleum products of Russian origin.

The Commission welcomes the guidance on the interoperability between the European and international sustainability reporting standards, which was published today by EFRAG, the body advising on European Sustainability Reporting Standards and the International Sustainability Standards Board.