SAFE Finance Blog

Nikolai Badenhoop: Foreign currency loan restitutions carry a risk for banking crises

Revised Consumer Credit Directive and amendments to various regulations to strengthen European central counterparties

Gerrit von Zedlitz-Neukirch: Climate change is a threat for financial stability and price stability. An overview of the latest actions by the European Central Bank (ECB) to better assess and incorporate climate risks

Agreements on Markets in Crypto-Assets Regulation, on sustainability reporting, and new rules against market abuse in liquidity contracts

Updated rules for investment fund managers, next step in the Solvency II review, and a new trade policy tool

Ignazio Angeloni: To overcome the European Central Bank’s mistakes of the past, the sequencing approach needs to be abandoned

Thomas Huertas: Surprise has spurred the success of sanctions. But if sanctions are to remain effective, democracies cannot rely again on surprise

New guidelines improving resolution planning, implementing standards for disclosures on ESG risks, and detailed rules for delaying public disclosure of inside information

European Commission proposes reforms to the Capital Requirements Directive and Capital Requirements Regulation

Delegated Regulation establishing rules for retail investment products, revised guidance on the stress tests conducted by national deposit guarantee schemes, and new guidelines on dealing with the breaches of the large exposure limits

Ignazio Angeloni: The demise of Monte dei Paschi di Siena tolls a bell for EU, not just Italy

New European sustainable finance strategy, introduction of a green bond standard and a carbon border tax, and the ECB’s latest monetary policy decisions