Open Europe Blog

Archives for banking supervision

It emerged over the weekend that five German academics have launched another challenge at the Bundesverfassungsgericht – the German Constitutional Court (GCC) – this time against the proposals for a banking union based on the Single Supervisory Mec…

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Has the Liikanen report become the Barnier plan?Update 30/01/14 11:45:Some eagle eyed HM Treasury officials have flagged up that the recitals of the proposal (the preamble points before the articles of the regulation) do allow for the derogation to app…

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The European Commission this morning unveiled its initial proposals to regulate ‘shadow banking’ and money market funds (MMFs) – the press release is here and the FAQs are here and here.We covered this issue back in May when we exclusively releas…

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Despite some sizeable differences, EU finance ministers finally managed to reach an agreement on the bank bail-in plans last night (after only 25 hours of talks in the past few days). As always with this type of EU deals, it is a compromise and often a…

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The Times reports today on another round of exclusive documents leaked by Open Europe, this time regarding European Commission plans to regulate the ‘shadow banking sector’. See here and here for the docs.A rather niche story you might think but it…

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Some EU pundits have spent the last several months arguing that a change to the EU treaties is a non-starter. “Don’t you know”, they say with a high degree of confidence “the Germans have gone off it.” And in any case, no one else wants it any way for …

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Usually technical meetings behind closed doors in Brussels are pretty dull. However, judging by some of the reports floating around, yesterday’s meeting of the EU Committee of Permanent Representatives (COREPER) may have bucked the trend somewhat. Th…

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A lot has been written over the past few weeks regarding the easing of the Basel III banking rules, which we’ve been meaning to cover but didn’t get round to doing. The specifics and details have been well covered so instead we’ll look at some of motiv…

Posted by Open Europe blog team