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
The European Association of Co-operative Banks (EACB) welcomes the opportunity to contribute to the discussion around the review of EMIR. Bearing in mind the revolution that EMIR has caused to the derivatives markets and that it is one of the first regulations with a massive amount of delegated regulations drafted by ESMA (or other European supervisory authorities) we believe that a more in-depth analysis of EMIR and its implications is indeed a timely exercise.
One of the biggest problems for our smaller members is the difficulty in accessing CCPs, while other requirements have proven to be too costly and burdensome. We believe that more simple procedures could be envisaged.
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The Desjardins Group , Canadian Member of the European Association of Co-operative Banks ( EACB), has been awarded the prize for Co-operative of the Year, which rewards a co‐operative or mutual for their contribution to the co‐operative and mutualist movement in Canada and/or internationally. The Desjardins Group has been chosen thanks to its commitment to establishing the International Summit of Co-operatives.
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EACB responds to ESMA's consultation on draft guidelines on complex debt instruments and structured deposits
The European Association of Co-operative Banks (EACB) welcomes the opportunity to contribute to the discussion around the correct classification of financial instruments as “complex” or “non-complex” as co-operative banks are amongst the major distributors of a large variety of retail investment products to their clients. Despite the fact that the consultation concerns debt instruments and structured deposits it falls within a much wider discussion on the complexity of financial instruments and the framework under which such products shall be distributed to retail investors.
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