ESBG shares positions on a host of EU policy-related issues
BRUSSELS, July 2019 – Together for a growing and more integrated Europe, a memorandum released by ESBG, spells out the saving and retail banking association's position on a host of EU policy-related issues.
Designed for policymakers, it touches on how to improve financing growth and sustainable development, financial stability, innovation and digitalisation, financial inclusion and educations as well as short piece on the importance of the 20th anniversary of the euro: the common currency of a strong Europe.
Preface
>> Together for a growing and more integrated Europe
How to improve financing growth and sustainable development
>> Sustainable development: more than 'green"
>> SME financing: Capital Markets Union must be complementary to bank loans
Financial stability
>> Proportionality: Less risk must lead to less bureaucratic burdens
>> Basel rules: Let’s adapt the Basel rules to EU
specificities
>> Diversity: Customers of all kinds need a financial partner that fits
>> Anti-Money Laundering (AML): Enhanced cooperation between local regulators is the next step
Innovation and digitalisation
>> The need for an innovation-friendly level playing field
Financial inclusion and financial education
>> Well-established activities need to be proceeded