A wide ranging review of regulation in all financial sectors is underway and the details will develop over many years. But there will be a much wider range of inputs than in the past – both geographically (G20), by industry and by social function (user (such as investors/issuers), supplier, supervisor, regulator etc). European participants should be aware of the new, broader context. That requires knowledge to flow in both directions: G20 reactions to EU acts, as well as G20 actions that may shape the European debate.
Actions covered by specific bodies (such as G20/FSB) and legislators (European Council + ECOFIN; ECON) are covered in the specialist categories. Moreover, we separate financial stability policy analysis from the legislative process. So this Timeline covers the remaining general events focusing on international financial, economic and political news that shape the creation of a single financial market. The technical details of proposals are covered in the relevant category.
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08 September 2010
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MEPs: financial regulation on track but this is only the beginning
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08 September 2010
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Rehn: The "European Semester" is a major improvement of Europe economic governance architecture
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07 September 2010
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State of the (European)Union: Europe of today and tomorrow debated in the EP
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07 September 2010
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Barroso letter to the MEPs on the State of the Union
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07 September 2010
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ECOFIN conclusions - agreement reached on the financial supervisory package
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07 September 2010
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Barroso defended taxes on financial activities and will come with proposals this autumn
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07 September 2010
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The Council approves a compromise with the Parliament on financial supervision
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07 September 2010
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ECB publishes a book on the payment system and the role of the Eurosystem in this field
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03 September 2010
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EP adds bite to EU financial watchdog rules
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03 September 2010
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Commission authorises recapitalisation scheme implementing the Hellenic Financial Stability Fund for credit institutions
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03 September 2010
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Barnier welcomes the outcome of the trialogue to beef up oversight on financial institutions in Europe
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03 September 2010
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European Liberal group: deal establishing European financial supervision is a big step forward
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01 September 2010
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FT: High hopes for EU financial regulation deal
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31 August 2010
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IMF enhances the crisis prevention toolkit
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25 August 2010
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FSA outlines a fundamental review of trading activity regulation
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19 August 2010
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Commission considers Greece meets the conditions to receive the second instalment of loans by euro area Member States
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18 August 2010
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FMLC publishes report on legal risk of EU Financial Supervisions
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29 July 2010
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CESR publishes report on trends, risks and vulnerabilities in financial markets
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28 July 2010
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ECB reviews risk control measures in its collateral framework
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27 July 2010
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IIF: Global financial services industry urges regulatory action to mitigate fragmentation
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27 July 2010
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ECB Tumpel-Gugerell: Central banks will now have new tasks, and responsibilities to address financial stability
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26 July 2010
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UK Treasury report on a new approach to financial regulation
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21 July 2010
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FSB invites feedback on risk disclosure practices
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19 July 2010
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CRIS committee: consideration of amendments on the Draft report on the financial, economic and social crisis
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19 July 2010
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Herman van Rompuy: Banks have understood that the EU is serious about its commitment of transparency
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16 July 2010
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Commissioner Barnier: proposals on derivatives and short selling will be put forward in September
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14 July 2010
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Financial supervision: ECOFIN Council sets out its position with a view to continuing negotiations with the Parliament
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14 July 2010
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Third Task force meeting on economic governance: Sanctions system was discussed
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14 July 2010
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Ackerman: Crisis triggered historic financial sector changes
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10 July 2010
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Trichet: Europe’s economic challenges are recovery, reform and renewal
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07 July 2010
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EP deferred the final vote on the "supervisory package" legislative resolution
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07 July 2010
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European Commission launches public debate on the future of pensions
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07 July 2010
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Belgian Presidency Programme for the ECOFIN Council meetings
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07 July 2010
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Commission concludes UK took effective action in excessive deficit procedure
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06 July 2010
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Olli Rehn: Stress tests will help reduce uncertainty and restore confidence
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06 July 2010
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MEPs call for a stronger role for the EC in economic governance and a greater focus on social fairness
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06 July 2010
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ACCA: G20's four pillars for agenda reform built on uneven foundations
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06 July 2010
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El Pais: Spanish Presidency has been successful but difficult
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30 June 2010
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EU economic governance: the Commission proposes a reinforced macro-economic, budgetary and structural surveillance
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30 June 2010
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ECON committee on the debt crisis: long-term stability strategies and more European Parliament involvement needed
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29 June 2010
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European Liberal Leader regrets the G20´s incapacity to define global economic governance compromises
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29 June 2010
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Italian Consob: For euro, we need to construct the missing pillar, the political union
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29 June 2010
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ECON committee: Eurostat should have more powers
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29 June 2010
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ECB’s Gertrude Tumpel-Gugerell: Towards a safer financial system
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28 June 2010
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Belgian Presidency working programme: Focus on the creation of a new supervisory structure at EU level
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28 June 2010
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IMF: G-20 leaders aim for balanced growth, revival of jobs
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28 June 2010
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BIS: Fiscal consolidation and financial sector reform are what's needed now
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28 June 2010
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Joint Barroso and Van Rompuy statement on G20: The EU is on the right track for the G20 Summit in Seoul on financial sector reforms
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23 June 2010
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SIFMA roundtable of economists: positive trends exit, but concerns on economic growth remain for 2010 and 2011
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22 June 2010
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ECON committee vote on the own initiative report on cross-border banking crises and remuneration
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22 June 2010
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ECON committee follow-up study to Financial Supervision and Crisis Management in the EU
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22 June 2010
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ECON committee: ECB president Trichet backs MEPs on new economic governance
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21 June 2010
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Twenty-two MEPs call for counter-expertise that reports a different point of view from the banking lobby
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18 June 2010
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The Squam Lake Report: Fixing the Financial System
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18 June 2010
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EC, ECB and IMF Interim review of Greece: Fiscal developments are positive
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18 June 2010
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European Council: Europe to propose bank levy in the G20 meeting
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17 June 2010
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Chancellor of the Exchequer George Osborne revealed that the FSA "in its current form" will disappear by 2012
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16 June 2010
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Barroso: It is important now not to lose momentum on financial reform.
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16 June 2010
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Olli Rehn: Spain's and Portugal's austerity plans are supported by the Commission
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16 June 2010
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CEPS debate on the integration of the Euro-area Government bond market
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15 June 2010
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SIFMA offers guidance to enhance regulators’ ability to protect against systemic risk
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11 June 2010
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IIF Interim Report on the cumulative effects of new bank regulation
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11 June 2010
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Bishop: The European crisis – crossing a watershed on integrating economic governance but continued fragmentation of financial regulation?
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09 June 2010
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European Liberal Leader warns that peer review of national budgetary planning in eurozone is insufficient
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08 June 2010
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Van Rompuy’s Economic Governance Task Force: More budget and macro-economic surveillance and sanctions are needed
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08 June 2010
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ECOFIN Council conclusion on Excessive deficit procedure: strengthened rules on statistics
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08 June 2010
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IMF urges swift – but tailored - action to restore confidence and growth in Euro Area
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08 June 2010
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Rehn: It is essential that G20 Summit in Toronto spells out guiding principles for a sequenced and differentiated fiscal exit
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04 June 2010
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Draft ECOFIN Report on the state of play on measures in the financial sector in response to the crisis - European Council preparation
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04 June 2010
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UK Treasury Mark Hoban: The UK’s approach to European, global and domestic financial regulation
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02 June 2010
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ECON committee discussion on Eurostat's powers and quality of budgetary deficit data
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02 June 2010
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Commission publishes two reports on remuneration policies in the financial services sector and for directors of listed companies
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02 June 2010
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Commission Communication on Financial Services 2010-2011 – "Regulating financial services for sustainable growth"
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02 June 2010
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AFME conference on financial markets and the real economy
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02 June 2010
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ECON committee - consideration of amendments on the remuneration own-initiative report
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02 June 2010
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ECB Papademos: Banks should ensure they have adequate capital and liquidity buffers
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02 June 2010
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MEP Sharon Bowles supports proposal to give Eurostat powers to improve the quality of European statistics
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02 June 2010
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Eurofinas: European consumer credit experiences downturn in 2009; lenders expect little growth in 2010
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01 June 2010
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ECB Financial Stability Review - modest return to profitability in 2009
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31 May 2010
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Trichet: The ECB’s response to the recent tensions in financial markets
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26 May 2010
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ECB González-Páramo: Common sense risk management practices had been abandoned
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26 May 2010
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Olli Rehn: Europe must speak with one clear voice
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25 May 2010
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IMF: Spain’s economy needs far-reaching and comprehensive reforms
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25 May 2010
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IIF Report: Global approach to resolving failing financial firms - an industry perspective
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25 May 2010
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EBF Economic Outlook: From recession to growth amidst uncertainty
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25 May 2010
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IOSCO principles on cross border supervisory cooperation
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21 May 2010
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Task Force on economic governance held first meeting
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20 May 2010
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Barnier calls for quick implementation of all financial services legislation
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19 May 2010
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Commissioner Rehn: Reinforce both the preventive and the corrective arms of the SGP
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19 May 2010
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ECON committee raised concerns on Eurozone governance and Greece
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18 May 2010
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IMF: Financial watchdogs need to be more knowledgeable about the markets they supervise
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18 May 2010
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ECOFIN Council conclusions on crisis prevention, management and resolution
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18 May 2010
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ECOFIN Council conclusions on domestic fiscal frameworks
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17 May 2010
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ACCA: New EU presidency must not let opportunities slip by
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14 May 2010
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US Treasury Secretary Geithner and Commissioner Barnier on the financial reform agenda
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12 May 2010
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Commission communication on reinforcing economic governance in the EU
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11 May 2010
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Barnier: EU and US are on the right track in regulating financial markets
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11 May 2010
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World Economic Forum on Europe: Unprecedented rescue package to reinforce the Euro
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11 May 2010
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Monti report on a new strategy for the single market
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11 May 2010
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ECON committee MEPs vote to beef up financial supervisory package - well beyond Council proposals
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10 May 2010
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ECB decides on measures to address severe tensions in financial markets
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10 May 2010
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IMF approved €30 billion loan for Greece on fast track
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10 May 2010
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Extraordinary ECOFIN agreed on a European financial stabilisation mechanism - total volume of up to € 500 billion
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13 May 2010
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Goldschmidt: Structural weakness of the Special Purpose Financing Vehicle
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13 May 2010
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Goldschmidt: Structural weakness of the Special Purpose Financing Vehicle
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10 May 2010
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Barroso: “We will defend the euro whatever it takes”
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09 May 2010
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Schuman Declaration of 9 May 1950 - In these troubled times for the euro, a reminder of why the EU was founded
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08 May 2010
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FT: European banks in bonds plea to ECB as Greece fears rattle markets
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07 May 2010
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CESR to take a coordinated effort to respond to the recent market turmoil
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07 May 2010
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EP published FAQ on the financial supervisory package ahead of the ECON vote
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07 May 2010
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Trichet: Shift in the paradigm of finance that can do more harm than good
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05 May 2010
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Barroso: Whatever necessary will be done to ensure that financial markets are not a playground for speculation
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05 May 2010
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Commission spring forecast 2010-11: gradual economic recovery in progress in the EU
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04 May 2010
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ECON committee: Financial system in the spotlight as MEPs quized Barnier
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03 May 2010
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Commissioner Rehn and IMF Strauss-Khan: Greece will have to make great sacrifice in the coming years
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30 April 2010
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EBF: Banking remuneration policy under the spotlight
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29 April 2010
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Statement by President Barroso on Greece: Final decision needs to be taken
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28 April 2010
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ECON committee discussed amendments on new ESAs
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27 April 2010
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ECON committee: ECB Vice-President on Greek fiscal measures and Eurozone risks
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26 April 2010
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Barnier warned that time is running out to put in place the new ESAs
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24 April 2010
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Kathimerini: Athens upbeat after aid talks with IMF chief
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23 April 2010
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IMF: Strategies needed to tackle huge government debt levels
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23 April 2010
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IMF: More attention to the enforcement of rules needed
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21 April 2010
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The EU evaluates the possibility of supervising national budgets
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21 April 2010
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Commissioner Barnier: The EC needs to close the regulatory loopholes and to take action against non-cooperative jurisdictions
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21 April 2010
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CRIS Committee Hearing on exit strategies: Choosing the right ways out of the crisis
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21 April 2010
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ECB report on the lessons learned from the crisis regarding the functioning of European financial market infrastructures
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21 April 2010
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SWIFT: Spanish Presidency guarantees no mass transfer of financial data to USA
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21 April 2010
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EBF concerned over accumulation of proposed measures and impact on the real economy
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20 April 2010
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EFR letter to G20 finance ministers concerning the recent regulatory developments
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20 April 2010
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IMF: Government borrowing is rising risk to world financial system
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16 April 2010
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Salgado: Crisis prevention instruments are not an insurance policy permitting banks to take risks
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15 April 2010
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Barnier: Future ESAs need to have the power to impose binding mediation
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14 April 2010
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Spanish Presidency compromise text on Omnibus I Directive giving powers to the new ESAs
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14 April 2010
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ECON committee: MEPs hear views of leading figures on the Greek fiscal crisis
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14 April 2010
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ECB's fourth report on financial integration in Europe: Return towards integration is taking place
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14 April 2010
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Trichet: There is a need to strengthen global governance - in particular in the financial field
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14 April 2010
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IMF’s report on systemic-risk-based regulation
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14 April 2010
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Eurozone Members agreed to provide € 30 billion in emergency loans to Greece
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14 April 2010
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Wolfgang Münchau is still sceptical on the Greek deal
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14 April 2010
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Commission warned Portugal on excessive debt
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10 April 2010
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EP draft report on Directors’ remuneration
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08 April 2010
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Barnier: City of London is as an asset to the European financial sector but must be properly governed
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08 April 2010
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European Commission work programme for 2010
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08 April 2010
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Trichet on the Greek crisis: the ECB was not against the IMF involvement in itself, but against the involvement of the IMF acting alone
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08 April 2010
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European Liberal Leader warns that Greek recovery is undermined by too high interest rates
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08 April 2010
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Commission publishes an analysis of the main innovative financing options
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07 April 2010
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SWIFT: MEPs want to limit bank data transfers to USA
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30 March 2010
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Council conclusions: ESAs to begin work early 2011
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30 March 2010
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EBF: Council conclusions need fine-tuning
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30 March 2010
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MEPs discuss Eurozone issues and governance with Jean-Claude Trichet and Olli Rehn
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30 March 2010
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ECB: opinion on Omnibus I Directive
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30 March 2010
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Christian Noyer: French perspective of financial stability in Europe and the world
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30 March 2010
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IMF chief: difficult choices ahead for Europe's policymakers
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30 March 2010
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UK MPs’ report: too important to fail – too important to ignore
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30 March 2010
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Euro area heads: statement on Greek situation
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30 March 2010
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Kathimerini: Greek Minister claims IMF role in financial aid scheme would not change fiscal policy
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30 March 2010
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Irish Finance Minister announces measures to shore up banking system
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26 March 2010
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MEPs: financial transaction tax essential to meet development needs
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26 March 2010
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Barroso: a very successful summit with agreement on Greece
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25 March 2010
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Federal Trust report on financial regulation: Britain’s next European challenge?
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25 March 2010
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Barroso at EP plenary session: financial stability and Greek situation not on EC’s formal agenda
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25 March 2010
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EU spring summit: Europe must decide on Greece now
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24 March 2010
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Eurogroup President: IMF could help Greece.
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24 March 2010
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IMF strengthens financial data dissemination
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23 March 2010
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Trichet on Greece and tougher economic governance
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22 March 2010
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IMF: Europe needs authority to deal with failing banks
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19 March 2010
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Greek Prime Minister to MEPs: time to end "opportunistic speculation"
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19 March 2010
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Trichet: three areas for crisis management, and enhancing the resilience of CDS markets with central counterparty facilities
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17 March 2010
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ECOFIN Council conclusions on EU 2020
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17 March 2010
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ECON Committee debates world's new financial architecture
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17 March 2010
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Valukas report on Lehman Brothers collapse
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17 March 2010
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City of London report: seventh Global Financial Centre analysis
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17 March 2010
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MEP Sharon Bowles calls for consensus building as Commission report criticises UK recovery plans
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17 March 2010
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Barnier: EC to follow G20 roadmap on financial services
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17 March 2010
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Spanish Presidency compromise text on ESAs
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17 March 2010
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FSA publishes 2010/11 business plan
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16 March 2010
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Council Presidency letter to 3L3C on 2010 work programme
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11 March 2010
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ECON Chair Sharon Bowles comments on proposed European Monetary Fund
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11 March 2010
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FT: Brussels ready to back Monetary Fund
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10 March 2010
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Parliament asks the Commission to develop the transaction tax plan in time to be presented to the G20 meeting in June
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10 March 2010
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EP raises doubts on how EC will make 2020 strategy work
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10 March 2010
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Darling: pointless to push Iceland too hard
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10 March 2010
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EP discuses Icesave case: MEPs say it should not delay EU accession negotiations
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10 March 2010
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FSA publishes financial risk outlook 2010: new regulations and withdrawal of support
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10 March 2010
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Barroso: the Commission is thinking of alternative ways to help Greece without a bail-out and tackling derivatives
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10 March 2010
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ECOFIN Council conclusions on exit strategies from government financial support schemes
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10 March 2010
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European Parliament - MEPs vote for stronger economic governance in the EU + Video
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09 March 2010
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Financial transaction tax debated at EP in Strasbourg
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04 March 2010
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Michel Barnier: regulatory loopholes on financial services need to be filled
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04 March 2010
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EP CRIS Special Committee: financial regulation and supervision under spotlight
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04 March 2010
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CRIS committee on impact of crisis: don't lump all new member states together, experts warn
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04 March 2010
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ECB: statement on additional measures taken by Greek government
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04 March 2010
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Europe 2020: EC proposes new economic strategy for Europe
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04 March 2010
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Lord Turner on “too big to fail”: Obama/Volcker proposals are seriously being considered
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04 March 2010
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Luxembourg Financial Industry Federation (PROFIL) publishes financial sector codes of conduct
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02 March 2010
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FSA finalizes new framework for financial penalty-setting
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02 March 2010
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MEP Sharon Bowles speaks out on £1.3 billion RBS bonuses
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01 March 2010
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BIS Quarterly Review: 'International banking and financial market developments'
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01 March 2010
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IMF rethinks its role in post-crisis world
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01 March 2010
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IMF: Europe is learning lessons from the crisis
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25 February 2010
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ECON Committee wants bigger transfer of powers for European supervisory agencies
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25 February 2010
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ECON Committee: stronger European economic governance and tougher rules for Stability Pact
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24 February 2010
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European Liberal Leader calls for EP to investigate Greek debt crisis
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24 February 2010
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ECON Committee: financial transaction tax needed to pay for damage caused by crisis
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23 February 2010
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AFME-EHYA response to UK Treasury discussion paper on non-bank lending
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22 February 2010
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González-Páramo: Future of European and international financial market regulation and supervision
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19 February 2010
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Nicolas Véron: Financial Regulation: A new fortress Europe?
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17 February 2010
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Barnier: binding remuneration rules across the financial sector would be an incentive for taking less risk
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17 February 2010
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ECOFIN Council: Greece must correct government deficit by 2012
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17 February 2010
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ESRB, EIOPA and ESMA “Rapporteurs” publish draft reports for discussion at next ECON Committee
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16 February 2010
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Lord Turner: past assumptions about benefits of unlimited financial services liberalization and innovation must be challenged
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16 February 2010
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New classification system between ECB and CEBS reporting frameworks
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15 February 2010
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ECB Executive Board creates Directorate General, Financial Stability and appoints Director General
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15 February 2010
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Some reflections after my visit: Some devils leap out of the detail of implementing G20 recommendations in Japan
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12 February 2010
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Spanish Presidency publishes Omnibus Directive Compromise text
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12 February 2010
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ESBG position on EC supervisory package proposal
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12 February 2010
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EU member states agree to support Greece with its debt crisis
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12 February 2010
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Jerzy Buzek on EP rejection of SWIFT interim agreement
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11 February 2010
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Paul N. Goldschmidt: EU, rather than Germany, should offer support to Greece
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11 February 2010
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CEBS public hearing summary: guidelines on lessons learnt from the financial crisis
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10 February 2010
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MEPs call for swifter response and tighter coordination in Eurozone to avoid tension in financial markets
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09 February 2010
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Lord Myners: “one of the ironic failures of governance has been executive remuneration”
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09 February 2010
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Barroso’s new team wins Parliament backing
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09 February 2010
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European Parliament - Greek Economic Crisis Statement + Video
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08 February 2010
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Finextra: finance firms to spend billions on risk management
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05 February 2010
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Barroso: De Larosière’s ideas have shaped the direction of the G20
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04 February 2010
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Commission assesses Greek Stability Programme - recommendations for correcting excessive budget deficit and improving competitiveness
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03 February 2010
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SEC-FSA strategic dialogue meeting – special attention to hedge fund regulation
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02 February 2010
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CRIS committee: workshop on impact of crisis on SMEs
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02 February 2010
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World Economic Forum debate: “A Roadmap out of the economic crisis”
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01 February 2010
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IIF statement on financial regulatory reform and industry practices - global coordination is key to success
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01 February 2010
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World Economic Forum: IMF Head urges caution on winding down economic stimulus
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29 January 2010
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ECON hearing on financial supervisory package – de Larosière stresses progress has been satisfactory
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29 January 2010
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World Economic Forum: Papandreou acknowledges Greece faces credibility gap
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28 January 2010
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World Economic Forum: Sarkozy calls for “new Bretton Woods”
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28 January 2010
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Trichet interview with Wall Street Journal: full support for Ben Bernanke renewal as Fed Chairman
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27 January 2010
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IIF William Rhodes at World Economic Forum: warning to regulators time is running out
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25 January 2010
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FDIC and Bank of England announce enhanced cooperation in resolving troubled cross-border financial institutions
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25 January 2010
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FT: Brown foresees global accord on bank levy
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22 January 2010
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ECB González-Páramo: speech on regulatory and supervisory reform in Europe
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20 January 2010
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Spanish Prime Minister presents the EU presidency work programme - special focus on the reform of the European financial market
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20 January 2010
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ECOFIN Council conclusions on Commission report on Greek government deficit and debt statistics
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20 January 2010
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Greek Stability and Growth Programme update presented to EU Council
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20 January 2010
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Head of IMF warns of threats to recovery; stimulus is still required
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20 January 2010
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ECB and Commission launch assistance programme for supervision of EU candidates
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14 January 2010
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MARKT Commissioner-designate Barnier will not take orders from Paris or London, but will defend the European common interest + Video
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13 January 2010
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ICMA's regulatory newsletter pays special attention to the Commission’s proposal on OTC
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13 January 2010
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European Parliament – Michel Barnier evidence session + Video
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12 January 2010
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UK Treasury calls for more choice in business finance – proposals for reform to follow later this year
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12 January 2010
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IMF consults on possible financial sector tax as requested by the G20 last September
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11 January 2010
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Central Bank Governors and Heads of Supervision reinforce Basel Committee reform package
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11 January 2010
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FSB on the financial reform agenda: it is essential to raise the quality and level of capital in the banking system
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11 January 2010
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FSB consults on peer review on compensation practices within large financial institutions
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11 January 2010
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Joint Forum Report: Review of the differentiated nature and scope of financial regulation
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07 January 2010
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Commission European Financial Integration Report 2009 – great policy achievements on financial supervision
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06 January 2010
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ECB Papademos comments on ECB’s 2009 Financial Stability Report - risks still exist
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06 January 2010
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IFSL reports considerable drop of trade surplus and employment in financial services sector
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04 January 2010
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Commission single market review - derivatives could entail significant risks to financial stability
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17 December 2009
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Commission issues European Financial Integration Report 2009
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17 December 2009
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UK Treasury consults on plans to manage investment bank failures
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17 December 2009
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Will Governments Overreach in their Crisis Interventions?
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15 December 2009
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FT: Tobin tax remains UK Treasury ambition
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14 December 2009
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Myners speech: 'What’s next for UK banking?' – It is vital to end the risk-taking and excessive rewards culture that is damaging the system
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14 December 2009
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FT: France to follow UK on bonus tax - bonuses exceeding €27000 to be taxed
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11 December 2009
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Trichet: proposed establishment of European Systemic Risk Board is a very important initiative for containing systemic risks
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10 December 2009
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Commissioner Almunia: Greece attracts attention of financial markets and rating agencies
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10 December 2009
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Audit Office report on maintaining financial stability across UK banking system
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10 December 2009
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ECON Committee Chair tells British Bankers’ Association some banks will have to curb bonuses
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09 December 2009
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UK Pre-Budget Report: bashing bankers and consulting on concrete plans to promote financial markets
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09 December 2009
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FSA feedback statement on remuneration – limited application of Code to large banks, building societies and broker dealers
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07 December 2009
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FT comments on Barnier: he promises to stick to G20 guidelines
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03 December 2009
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MEPs debate pros and cons of financial transaction tax – European Commission, however, isn't planning any measures at present
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03 December 2009
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British Bankers Association believe Sarkozy has undermined EU with comments on new Internal Market commissioner
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02 December 2009
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OECD paper on prudential regulation and competition in financial markets – no trade-off between stability and competition
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02 December 2009
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European Shadow Financial Regulatory Committee 'trilemma' paper: A New Life for European Financial Supervision
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01 December 2009
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Implementation of the Treaty of Lisbon – EU leaders welcome the end of the process begun in 2001
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01 December 2009
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FSA Turner’s speech: Responding to the financial crisis. Challenging past assumptions on capital levels
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30 November 2009
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Trichet at DNB’s 2009 Financial Forum: shaping the future of global financial market regulation
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30 November 2009
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Barroso's Commission appointments: skilful - but disturbing result of automatically removing David Wright from financial services
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27 November 2009
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Barroso final portfolio allocations for new Commission – French commissioner for financial services
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26 November 2009
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British banks believe final Walker Report hits right targets - shareholders should be active participants
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26 November 2009
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Commissioners designated for the next Commission
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25 November 2009
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FSA Turner: macro prudential tools vital to future financial stability
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25 November 2009
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IMF Strauss-Kahn: Take-Off or Holding Pattern? - To sustain global growth, world economy will need a new engine
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24 November 2009
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Trichet: key lesson from the crisis - the complexity of the international financial crisis has put banks in a difficult position
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24 November 2009
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Compensation and bonuses must remain contained, Trichet warns at the 19th Frankfurt European Banking Congress
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24 November 2009
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Commission consultation on the EU2020 strategy
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19 November 2009
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ECB's Trichet: "Insurance companies, pension funds and the new EU supervisory architecture – a significant step to a common EU approach"
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19 November 2009
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CEBS Secretary General Vossen: "Towards a New Architecture for European Banking Supervision"
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18 November 2009
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UK Treasury Committee raises concern about over-hasty pace of European financial regulation
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18 November 2009
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UK Government introduces Financial Services Bill – it includes the creation of the Council for Financial Stability
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18 November 2009
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DG MARKT's Holmquist: “First discussions on ESA’s in Council are well led by the Swedish Presidency”
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|
12 November 2009
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IMF says that ‘Too Complex to Fail’ is the real issue and that size and linkages between firms are among the principles to consider
|
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12 November 2009
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IMF: experts warn financial system risks still high
|
|
05 November 2009
|
FSA chairman says: 'no silver bullet' to address 'too-big-to-fail' challenge - appropriate capital requirements are not the only solution
|
|
04 November 2009
|
Commission autumn economic forecast looks for gradual recovery but an essential condition is to complete the repair of the banking sector
|
|
03 November 2009
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Briefing McDonald: Responsible Borrowing and Lending
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|
02 November 2009
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IFSL’s annual Financial Market Trends on Europe vs. US: As EU markets fell by more, the US gained in relative size.
|
|
29 October 2009
|
Christian Noyer: beyond Pittsburgh – the future of financial regulation
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|
27 October 2009
|
FSA announces tough new code for financial reporting disclosure
|
|
27 October 2009
|
Commission adopts additional legislative proposals to strengthen financial supervision in Europe
|
|
21 October 2009
|
Securities income: Commission recommends simplified procedures for claiming cross-border withholding tax relief
|
|
21 October 2009
|
ACCA: Global SME survey shows cautious optimism on improving access to finance
|
|
21 October 2009
|
EBF welcomes Commission proposals on EU cross-border crisis management framework
|
|
19 October 2009
|
ECB Gertrude Tumpel-Gugerell: the European response to the financial crisis
|
|
15 October 2009
|
IMF: fiscal challenge next for policymakers
|
|
15 October 2009
|
Commissioner Almunia: “Exit strategies are essential for the sustainability of public finance”
|
|
15 October 2009
|
ICMA Regulatory Policy Newsletter - October 2009
|
|
08 October 2009
|
FSA chairman outlines factors for successful European regulation
|
|
08 October 2009
|
'Istanbul Decisions' to guide IMF as countries shape post-crisis world
|
|
08 October 2009
|
Commissioner Almunia: crisis highlights urgent need for deeper and broader macro-economic coordination and surveillance in euro area
|
|
08 October 2009
|
Trichet: regulatory/supervisory reform in Europe must address moral hazard stemming from the automatic rescue presumption
|
|
06 October 2009
|
FSA finalizes far-reaching overhaul of UK liquidity regulation
|
|
01 October 2009
|
McCreevy: remuneration practices within banks will be brought under the supervisory spotlight
|
|
30 September 2009
|
City of London research - Global Financial Centres Index 6
|
|
24 September 2009
|
BBA: Banks back improved supervision
|
|
24 September 2009
|
FSA chairman insists that the momentum for reform must be maintained
|
|
24 September 2009
|
European Banks welcome Commission plans for new Financial Supervisory Authorities
|
|
23 September 2009
|
IMF: financial crises tend to have a long-lasting impact on the economy
|
|
23 September 2009
|
Commission adopts legislative proposals to strengthen financial supervision in Europe
|
|
21 September 2009
|
OECD: Economic Survey of the European Union 2009
|
|
17 September 2009
|
BIS report and recommendations of the Cross-border Bank Resolution Group
|
|
17 September 2009
|
FSA and SEC discuss approaches to global regulatory requirements
|
|
17 September 2009
|
IMF Executive Board discusses management of Crisis-Related Interventions
|
|
16 September 2009
|
ECB Smaghi: this is not – yet – the time to implement exit strategies
|
|
15 September 2009
|
BIS: Quarterly Review, September 2009
|
|
10 September 2009
|
Buzek and Trichet at the European Parliament. Crisis is not over; we should reform
|
|
07 September 2009
|
Swedish Presidency outlined their priorities for a range of parliamentary committees
|
|
07 September 2009
|
Bank of France Financial Stability Review: the future of financial regulation
|
|
07 September 2009
|
Trichet: The ECB’s exit strategy
|
|
07 September 2009
|
Speech - Papademos: the ECB is prepared to support the ESRB.
|
|
07 September 2009
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European Commission President Barroso proposes a partnership for progress and ambition to the European Parliament
|
|
07 September 2009
|
Veron: Rules of the Game
|
|
03 September 2009
|
Goldschmidt: The Financial Crisis – Bonuses and the G20
|
|
27 August 2009
|
BIS report on financial analysis of systemic banking crises in the world
|
|
27 August 2009
|
Barroso’s speech on the current crisis - given at the European Economic Association Congress in Barcelona
|
|
25 August 2009
|
Shadow financial regulatory Committees: The securitization system needs to be regulated and supervised effectively
|
|
21 August 2009
|
Bank of England assessment of the latest trends in lending to the UK economy
|
|
19 August 2009
|
Financial Markets Law Committee’s response to May Treasury Consultation on developing effective resolution arrangements for investment banks
|
|
19 August 2009
|
UK's Financial Services Authority provides clarity for Activist Shareholders
|
|
18 August 2009
|
FT: Interactive guide to the new regulatory and supervisory structures
|
|
31 July 2009
|
IFSL main comments on European Financial Supervision
|
|
31 July 2009
|
BBA statement on Treasury Select Committee 14th Report on Financial Crisis
|
|
31 July 2009
|
UK Treasury Select Committee publishes 14th Report on Financial Crisis.
|
|
30 July 2009
|
IMF works to Plug Data Gaps Exposed by Crisis
|
|
30 July 2009
|
IMF paper: Governance Practices at Financial Regulatory and Supervisory Agencies
|
|
29 July 2009
|
AMF: Financial Regulation Newsletter 3rd quarter
|
|
29 July 2009
|
BIS paper on operational risk
|
|
29 July 2009
|
ACCA’s concerns for the next G20 meeting in September 09
|
|
28 July 2009
|
ACCA: The New European Parliament. What Can You Achieve in Your First 100 Days?
|
|
27 July 2009
|
Council adopts rules on credit rating agencies, bank capital requirements, cross-border payments and e-money.
|
|
24 July 2009
|
Dutch financial sector position on EU supervision
|
|
23 July 2009
|
BBA response to opposition parties' banking reforms
|
|
22 July 2009
|
OECD - Financial stability in the United Kingdom: Banking on prudence
|
|
17 July 2009
|
BUSINESSEUROPE and key financial market players aligned to call for improved financial supervision.
|
|
17 July 2009
|
IMF - United Kingdom: From Rescue to Recovery
|
|
17 July 2009
|
Twelve EP committees elected chairs and vice-chairs
|
|
16 July 2009
|
Pedro Solbes appointed Chairman of the EFRAG SB
|
|
16 July 2009
|
Financial Reporting Council welcomes the Walker Review
|
|
16 July 2009
|
BBA Response to Walker Review
|
|
16 July 2009
|
Walker Review proposes fundamental changes to strengthen bank governance
|
|
14 July 2009
|
AMF’s new strategy: enhance French markets
|
|
10 July 2009
|
The BBA welcomes the white paper on reforming financial markets
|
|
09 July 2009
|
ABBL responds to the EC communication on European Financial Supervision
|
|
09 July 2009
|
UK Treasury Report on reforming financial markets
|
|
08 July 2009
|
ECOFIN Council Conclusions 7 July
|
|
07 July 2009
|
US Treasury official Mark Sobel highlighted the Role of US-EU Co-operation
|
|
06 July 2009
|
FSA proposes bigger fines to achieve credible deterrence
|
|
06 July 2009
|
European banking needs a state-led triage body
|
|
06 July 2009
|
Commission sees permanent decline in Euro area’s potential output
|
|
02 July 2009
|
FSA Lord Turner calls for radical rules change
|
|
01 July 2009
|
BIS's Caruana: "The narrow path ahead"
|
|
01 July 2009
|
BIS Annual Report: Better regulation is not enough
|
|
30 June 2009
|
Kroes: "Nationalism must be avoided."
|
|
30 June 2009
|
FSB sees signs of improvement
|
|
30 June 2009
|
BBA: City-Swiss Financial Round Table discusses future banking rules
|
|
30 June 2009
|
Bank of England Bi-annual Financial Stability Report
|
|
30 June 2009
|
High Level Committee on a New Financial Architecture
|
|
29 June 2009
|
ACCA: The future of Financial Regulation
|
|
29 June 2009
|
IOSCO's recommendation about the Financial Crisis for Emerging Markets
|
|
23 June 2009
|
Trichet: key ECB policy actions in the crisis
|
|
23 June 2009
|
ECB's González-Páramo: the future of central banking
|
|
22 June 2009
|
OECD - Priorities for Reform and Strategies which will Phase-out Emergency Measures
|
|
22 June 2009
|
ECB's Smaghi warns against wasting opportunities for reform
|
|
19 June 2009
|
European Council Conclusions 18-19 June
|
|
19 June 2009
|
Goldschmidt: Response to Commission’s Communication on Financial Services Policy
|
|
18 June 2009
|
EFR Letter to ECOFIN President Fischer
|
|
18 June 2009
|
Belgium: Lamfalussy recommendations on Belgian/EU financial architecture
|
|
18 June 2009
|
UK perspectives: Chancellor and Governor at Mansion House
|
|
18 June 2009
|
Lords criticize EC’s financial regulation proposals
|
|
18 June 2009
|
Joint Forum paper on the Stocktaking on the Use of Credit Ratings
|
|
17 June 2009
|
FSB Draghi: Scope of regulation will be broadened
|
|
17 June 2009
|
Trichet: The financial crisis and the response of the ECB
|
|
16 June 2009
|
BIS report on operational framework for financial stability
|
|
15 June 2009
|
EU experts warn against regulatory failures of future financial markets legislation
|
|
12 June 2009
|
IOSCO finalises policy responses to the financial crisis
|
|
11 June 2009
|
Federal Trust: The Reform of Financial Regulation in Europe
|
|
09 June 2009
|
Communication on European Financial Supervision
|
|
27 May 2009
|
Commission consults on European Financial Supervision
|
|
27 May 2009
|
EBF welcomes proposals for Financial Supervisory architecture
|
|
20 May 2009
|
OECD consults on guidance on a policy framework for financial regulation
|
|
20 May 2009
|
FT: European plan for financial regulation faces UK obstacles
|
|
19 May 2009
|
BIS Wellink – burden sharing essential for stronger supervisory agreements
|
|
14 May 2009
|
Single Market News No 54 – Financial Crisis
|
|
07 May 2009
|
Bischoff Report sets out vision for UK financial services sector
|
|
05 May 2009
|
ECB Papademos outlines key requirements for Systemic Risk Council
|
|
05 May 2009
|
IFSL City Indicators Bulletin - May 2009
|
|
29 April 2009
|
FCAG urges G-20 leaders for continuous support
|
|
28 April 2009
|
ECB Trichet warns against regulatory arbitrage
|
|
26 April 2009
|
G7 reaffirmed need for reforms
|
|
24 April 2009
|
Overview of measures to the financial and economic crisis
|
|
24 April 2009
|
FSA new banking regulation
|
|
16 April 2009
|
ABBL proposes revised European System of Financial Supervision
|
|
16 April 2009
|
EFR – de Larosière report needs further clarifications
|
|
16 April 2009
|
Article: G20 confirmed the limits of multilateral decision-making.
|
|
16 April 2009
|
Bundesbank Weber criticises de Larosiere report
|
|
15 April 2009
|
The European Banking Gordian knot
|
|
08 April 2009
|
ICMA Regulatory Policy Newsletter – The future shape of financial regulation in Europe
|
|
07 April 2009
|
AMF Jouyet – uniform enforcement of rules top priority
|
|
06 April 2009
|
ECB report signals risk of slowdown in the European financial integration process
|
|
04 April 2009
|
FSF re-established as the Financial Stability Board
|
|
03 April 2009
|
FSF recommendations and principles to strengthen financial systems
|
|
03 April 2009
|
G20 agreed to build stronger supervisory and regulatory framework
|
|
30 March 2009
|
AMF Economic and Financial Newsletter
|
|
26 March 2009
|
IMF-Bruegel Joint Conference on Europe’s financial system
|
|
24 March 2009
|
McCreevy calls on member states to press for supervisory reform
|
|
20 March 2009
|
European Council Conclusions 19-20 March
|
|
18 March 2009
|
FSA publishes Turner review of global banking regulation
|
|
16 March 2009
|
IMA calls for more effective financial regulation
|
|
16 March 2009
|
Comments on topics related to “financial supervision”
|
|
14 March 2009
|
G20 Finance Ministers and Central Bank Governors Meeting Communiqué
|
|
13 March 2009
|
FSF discussions on financial crises
|
|
10 March 2009
|
Commission consults on de Larosiere report
|
|
07 March 2009
|
Almunia warns against unco-ordinated asset relief programmes
|
|
07 March 2009
|
ACCA underlines transparency and accountability as key for reform
|
|
07 March 2009
|
A.I.G. - Why it is appropriate to delay any liquidation/bankruptcy
|
|
06 March 2009
|
UK Darling addresses ECOFIN over de Larosière report
|
|
04 March 2009
|
Commission endorses de Larosière report recommendations
|
|
03 March 2009
|
The de Larosière Report: Preliminary commentary and analysis
|
|
03 March 2009
|
CER: Financial regulation - Is the Channel narrowing?
|
|
03 March 2009
|
Issing Committee outlines recommendations for new financial order
|
|
01 March 2009
|
The de Larosière Report: Preliminary commentary and analysis
|
|
27 February 2009
|
Single market news 53
|
|
25 February 2009
|
De Larosiere Report calls for a European System of Supervision
|
|
23 February 2009
|
Trichet – ECB ready to play a role in new financial system
|
|
22 February 2009
|
Pre-G20 summit demands global system of supervision and oversight
|
|
18 February 2009
|
Commission outlines policy priorities for 2010
|
|
18 February 2009
|
EUROFI calls for integration of supervision at European level
|
|
17 February 2009
|
Trichet - avoid going back to the status quo ante
|
|
16 February 2009
|
FESE calls for improvements to framework of securities supervision
|
|
15 February 2009
|
G7 calls for urgent reforms of international financial system
|
|
12 February 2009
|
EFR calls for college structure for EU supervision
|
|
12 February 2009
|
AMF calls for enhanced role of CESR
|
|
10 February 2009
|
EU to present guidelines on treatment of impaired assets
|
|
09 February 2009
|
FSA Financial Risk Outlook 2009
|
|
06 February 2009
|
EBF calls to create European Financial Stability Forum
|
|
06 February 2009
|
Commission Expert Group calls for removing barriers to electronic invoicing
|
|
03 February 2009
|
McCreevy calls for regulatory approach on CDS
|
|
29 January 2009
|
IMF calls for more aggressive policy actions including possible "bad bank"
|
|
27 January 2009
|
Almunia: A real necessity to have a single supervisory agency at EU level
|
|
27 January 2009
|
McCreevy outlines issues to come on financial regulation
|
|
22 January 2009
|
FSA chair sets out agenda for reforming financial regulation
|
|
21 January 2009
|
Trichet: International financial architecture requires strengthening of informal groupings
|
|
19 January 2009
|
Trichet calls for systematic reforms without the least privilege to any entity
|
|
19 January 2009
|
European Financial Integration Report 2008
|
|
17 January 2009
|
G30 report calls for regulatory reforms to strengthen global financial system
|
|
15 January 2009
|
Graham Bishop: Britain’s eternal vulnerability – Sterling
|
|
15 January 2009
|
10 Years of the Euro – New Perspectives for Britain
|
|
15 January 2009
|
ICMA Regulatory Policy Newsletter - January 2009
|
|
14 January 2009
|
Report: Empowering the ECB to supervise banks
|
|
14 January 2009
|
OECD - Euro area needs more integrated financial market supervision
|
|
14 January 2009
|
EFB Newsletter January 2009
|
|
09 January 2009
|
OECD Financial Market Trends - January 2009
|
|
09 January 2009
|
Trichet - a paradigm change for the global financial system
|
|
07 January 2009
|
Presentation of the Czech Presidency work programme
|
|
01 January 2009
|
Czech Presidency Programme
|