The European Association of Co-operative Banks (EACB), in collaboration with its academic think-tank, is pleased to announce the publication of the Call for Papers containing the criteria for application, the selection procedure and the research topics for the Fourth edition of the EACB Young Researchers Award. For further information, please click on READ MORE.Read more
EACB Press Release: EACB asks for proportion in the ECB public consultation on national discretions and options
13th November 2015- The European Association of Co-operative Banks (EACB) takes good note of the launch of a public consultation of the European Central Bank on national discretions and options in the CRR/CRD IV.
The EACB would like to underline that differing prudential legislation and practices due to national options and discretions in EU law can cause an uneven level playing field and distort the competition. At the same time national options and discretions very often allow adjusting prudential requirements to specific business models, banking structures and markets within Member States.
For further information, please click on READ MORE.Read more Download PDF
The European Association of Co-operative Banks (EACB) largely supports the Basel Committee on Banking Supervision’s paper entitled ‘’General Guide to Account Opening’’.
The EACB considers that both a flexible interpretation of the Guide and an appropriate level of alignment with upcoming European Supervisory Authorities’ guidelines on anti-money laundering need to be promoted.
For further information, please click on READ MORE.Read more
EACB Letter to high level EU representatives: "Co-operative banks concerned about plans for the European Deposit Insurance System Initiative"
With the 5 presidents paper in June the initiative on the creation of a European Deposit Insurance (Re-insurance) System (“EDIS”) has been placed onto the focus of the European agenda.
The EACB and its members detailed their concerns about EDIS in a letter that was addressed respectively to Mr Jean-Claude Juncker, President of the European Commission, Mr Valdis Dombrovskis, Vice-President of the European Commission, Lord Jonathan Hill, Commissioner Financial Stability, Financial Services and Capital Markets Union, and the Financial Attachés of the 28 Permanent Representations.
For further information about this letter, please click on READ MORE.Read more Download PDF