WSBI ESBG
European Social Dialogue
ESBG is a Social Partner on the employers' side
ESBG and the European Sectoral Social Dialogue
ESBG is a Social Partner on the employers' side, together with EBF and EACB in the European Sectoral Social Dialogue in the Banking Sector. UNI Europa is the Social Partner on the workers' representatives' side. The ESBG Human Resources Network is consulted on an ongoing basis in this framework.
About the European Sector Social Dialogue Committees (ESSDC)
The Sectoral Social Dialogue Committee for banking was set up in 1999 as part of the ESSDC, which were introduced by the European Commission in 1998. The committees play a role not only in European public policymaking but also in developing more independent bilateral relations and eventually concluding agreements. As these committees can influence policymaking at EU level and form joint opinions, conclude joint texts and agreements, among other functions, they potentially have a role in issues related to the development of their industry.
EU banking sector employment
In the European Union, around 3.7 million people are employed in the banking sector. Major challenges include the changing legislative framework as a result of the global financial crisis and the Eurozone crisis, bank supervision, image of the industry, digitalisation and professional ethics linked to the issue of variable pay in the sector.
Focus areas and projects for European Sectoral Social Dialogue in the Banking Sector
The committee currently focuses on, amongst other:
- Pillar II of the project ”impact of banking regulation on employment” Skills
- Follow up to the ‘Joint Declaration on Digitalisation’
- Main implications for SSDB under the European Pillar of Social Rights
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Strengthening the quality of corporate reporting and its enforcement in the EU
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Access to better technology for (Supervisory) Reporting
The four European banking associations (EACB, EAPB, EBF and ESBG) co-hosted the “Access to better technology for (Supervisory) Reporting” workshop.
Proportional and clear guidelines would ensure citizens’ data protection and foster innovation
The ESBG, together with eight other associations has written to the European Data Protection Board, the European Commission and the European Banking Authority about the EDPB Guidelines 06/2020 on the…
ESBG welcomes the financial competence framework by the European Commission and OECD
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