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Brussels, 15 April 2014 – Today, the European Parliament adopted the revised Markets in Financial Instruments Directive and the Markets in Financial Instruments Regulation (MiFID II / MiFIR). The European Association of Co-operative Banks (EACB) welcomes today’s vote as an important milestone in reforming the provision of services in financial instruments in Europe, noting that many implementation challenges still lie ahead. It welcomes the legislator’s decision to refrain from imposing a total ban on inducements. For further information, please click on READ MORE.
Read moreBrussels, 15 April 2014 - The European Association of Co-operative Banks (EACB) is pleased with the outcome of the legislative resolution regarding the Regulation establishing an EAPO that has been voted in Parliament, today. For further information, please click on READ MORE.
Brussels, 15 April 2014 – The European Association of Co-operative Banks (EACB), the voice of 3.700 co-operative banks, considers that today’s Parliament vote on the Key Information Document for Packaged Retail and Insurance based Investment products (PRIIPs) finds a good balance between the need to provide comparable information and the tendency to overload the document with topics on which information should be provided. For further information, please click on READ MORE.
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Following the great success of the first International Summit of Co-operatives in 2012, Desjardins Group will organise a second edition of the Summit from the 6th to the 9th of October 2014 in Quebec. In this context, the EACB is proud to be again a partner of the International Summit of Co-operatives 2014. For more information about this event, please click on READ MORE.
Read morethe voice of almost 4,000 co-operative banks, 56 million members and 215 million customers
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The European Association of Co-operative Banks (EACB), in collaboration with its academic think-tank, is pleased to present the winners of the Second EACB Award for Young Researchers on Co-operative Banks. For the full papers of the winners, the call for papers and details about the competition please click on READ MORE.
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In light of the European elections and the new mandates of the EU Institutions (2014-2019) starting this year, the European Association of Co-operative Banks (EACB) has drawn up a Roadmap of the Co-operative Banks’ concerns and expectations, for an approach that balances regulation and stimulation of local growth. For the full document, please click on READ MORE.
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For a few years now, mechanisms exist to allow citizens and companies to make payments in euros across Europe as fast, safe and efficient as national payments are today. They have been developed as part of the so called Single Euro Payment Area (SEPA) programme. But, like with the Euro change-over, we all need to make some adjustments in order to be able to use these mechanisms. As of 1st February 2014, European law will make the use of these mechanisms mandatory. It is therefore important to prepare for their use
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The European co-operative banks‘ leaders members of the EACB representing 3,700 banks in Europe signed the 'Paris Declaration' on June 26th 2013 calling the policy makers to pay more attention to the value and the role of co-operative banks in financing the real economy and the job creation. For the Paris Declaration, please click on Read More.
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