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The European Banking Federation, the umbrella group for national banking associations in 32 European countries, submitted its comprehensive response to the European Commission’s call for evidence on the EU’s new regulatory frame work for financial services this weekend. The EBF response draws on input and feedback from its members, as well as dozens of banks and clients whose businesses have been directly affected by the wide range of regulatory measures – over 45 in total – that have been put in place in the wake of the 2008 financial crisis. The response focuses on 55 issues and includes concrete and proactive solutions.
Says Wim Mijs, Chief Executive of the EBF: “As the banking sector we genuinely appreciate the opportunity that Commissioner Jonathan Hill provides...
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