The Single Resolution Board (SRB) organised its 8th Industry Dialogue on 18 June 2019 in Brussels. The Industry Dialogue brings together representatives from EU-level and national banking federations and their associates from Banking Union participating Member States, representatives from National Resolution Authorities, the European Commission, European Parliament and the European Central Bank.
Following the publication on 6 June 2019 of the end-May 2019 risk-free-rate technical information, the Icelandic Kruna (ISK) government bond yields used for calculating the relevant risk-free interest rate term structures were incorrect.
Text with EEA relevance
The European Banking Authority (EBA) published today 2018 data relating to two key concepts in the Deposit Guarantee Schemes Directive (DGSD): available financial means, and covered deposits. The EBA publishes this data on a yearly basis to enhance the transparency and public accountability of deposit guarantee schemes (DGSs) across the EU to the benefit of depositors, markets, policymakers, DGSs and Members States.
The Advisory Scientific Committee of the European Systemic Risk Board has today published a report presenting the main channels through which Exchange-Traded Funds (ETFs) have the potential to affect systemic risk. ETFs are hybrid investment vehicles that track an index or a basket of assets (typically referred to as “constituent securities”) and are continuously traded on liquid secondary markets.
Speech by Sabine Lautenschläger, Member of the Executive Board of the ECB, at the European Association of Co-operative Banks, Berlin, 14 June 2019.
Update – the Communication ‘Deepening Europe’s Economic and Monetary Union: Taking stock four years after the Five Presidents’ Report’ is now available.
Ahead of the Euro Summit on 21 June 2019, the European Commission today takes stock of the progress made to deepen Europe’s Economic and Monetary Union since the Five Presidents’ Report and calls on Member States to take further concrete steps.