Latest news
14Aug
2015

EACB provides input to the EC Public consultation on EMIR review

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.

[For further informatin please click on READ MORE]

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19Jun
2015

The Desjardins Group has been awarded the prize for Co-operative of the Year

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.

For further information, please click on READ MORE.

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17Jun
2015

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.

 For further information on this topic, please click on READ MORE.

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Next events

International Summit of Co-operatives 2016 Québec

Following the great success of the 2012 and 2014 Summits, Desjardins and the International Co-operative Alliance have announced that a third edition of the International Summit of Co-operatives will be held from October 11 to 13, 2016, in Quebec City, Canada. The European Association of Co-operative Banks ( EACB)  is proud to be for the third time in a row the partner of the International Summit of Co-operatives. For more information about this event, please click on READ MORE.

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In the spotlight

Call for Papers- 4th EACB Award for Young Researchers on Co-operative Banks

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.

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BANKING UNION : The new milestone for European Economic and Monetary Union

In 2012 the Member States agreed to a historical step of creating a Banking Union.  Its foundation is the new regulatory framework with common rules for banks in all 28 Member States, the single rulebook. A single supervisory and single resolution framework will ensure common implementation of those rules in the Eurozone (18 countries). For more information, click on READ MORE.

 

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March 2014-Roadmap for Co-operative Banks-An Approach that balances Regulation and Stimulation of Local Growth

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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