Current topics

Banking Union and EU banking sector competitiveness

Conditions and priorities for achieving the Banking Union

Banking risks and regulation

Challenges faced by the EU banking sector; taking advantage of banking diversity in Europe; implementing the Basel framework in Europe; EU bank crisis management framework

Bank crisis management and deposit insurance in Europe

Insurance Regulation

Solvency II review; global issues in the insurance sector

Capital Markets Union

Priorities, challenges and way forward for implementing the CMU (CMU action plan)

Developing equity funding

Funding challenges of EU corporates and policy measures proposed for developing equity funding

Retail Investment Strategy

Opportunities and challenges associated with the development of retail investment and policy priorities

Asset Management framework

AIFMD and ELTIF reviews, cross-border distribution

Enhancing competitiveness and transparency / MiFIR Review

Proposals to enhance transparency (Consolidated Tape, review of waivers and deferrals) and review the structure of EU securities markets

Securities clearing and settlement

Strengthening of the EU clearing ecosystem, harmonization and improvement of the post-trading framework, digitalization of post-trading activities (DLT pilot regime, wCBDC)

Relaunching securitisation in the EU

STS securitisation prospects and rules needed

Pension gaps

Digitalisation trends / Digital Finance Strategy

Implications of digitalisation for the EU financial sector; Digital Finance Strategy

Artificial intelligence / AI Act

AI use in the financial sector; policy proposals (EU AI and data strategies)

Cyber and digital operational resilience / DORA

Conditions and requirements (cyber-security, DORA)

Cryptoassets / MiCA

Opportunities and challenges associated with cryptoassets and their underlying technology; regulation of cryptoassets and stablecoins and related activities

Decentralised Finance (DeFi)

Opportunities and challenges associated with DeFi; possible regulatory and supervisory approach to DeFi

Open Finance / FiDA

Economic growth challenges and responses

Impacts on EU growth and financial risk profiles; post-Covid Recovery package

Economic and Monetary Union

Benefits, conditions and next steps for deepening the EMU (risk sharing, fiscal capacity…)

Monetary policy impacts

Impacts on EU investment, asset prices and profitability; conditions for a normalisation

Financial stability

Risks and vulnerabilities in the current macro-economic, monetary and Covid context

Indebtedness

Sustainability of public & private debt, excessive indebtedness impacts, measures needed

Open Strategic Autonomy

Objectives and measures needed for reinforcing the EU’s autonomy in the financial area

CEE region growth challenges

Funding needs; capital markets development in CEE

EU and Cross-border payments

Digital Euro

AML

Green transition prospects and challenges

Sustainability risk

Climate risk impacts; EU sustainable policies (Green Deal, sustainable finance)

ESG transparency and disclosures

EU sustainable finance taxonomy and role in the transition; ESG policies global consistency

Climate change insurance needs