The power of a cooperative banking network
Volker HEEGEMANN, Maryia SULIK
The Accounting and Audit Working Group focuses on the bank-specific aspects of accounting rules and legislation as well as internal and external audit matters in the financial sector. It follows the developments of rules and legislation both in the EU institutions and international standard setters (including International Accounting Standards Board IASB).
Annemarie VERKERK, Rabobank
Marieke VAN BERKEL, Rosalie VUILLEMOT
The Anti-Money Laundering Working Group (AMLWG) serves as a platform for EACB members to set the priorities and agree common positions in the fields of anti-money laundering and counter-terrorist financing. In particular, the AMLWG monitors the implementation of the 4th Anti-money Laundering Directive and the Regulation on the information accompanying transfers of funds. Furthermore, the AMLWG also actively contributes to the initiatives launched by international institutions such as the Financial Action Task Force and the Basel Committee on Banking Supervision. The work carried out within the scope of the AMLWG tries to strike the proper balance between regulatory compliance and operational efficiency.
Mike VELTHAAK, Rabobank
Volker HEEGEMANN, Marco MANCINO, Marco ROMEO
The Banking regulation Working Group is involved in all initiatives in the field of banking regulation prudential and supervisory issues, including the Basel III framework and its implementation in CRD4 and the CRR (capital, liquidity ratios, leverage ratio, trading book, interest rate risk, disclosure etc), defending the specific characteristics and arrangements of co-operative groups. In addition, it also addresses elements of supervisory early intervention/recovery measures and the effects on the capital structure stemming from the resolution framework.
Odile REGNIER, Confédération Nationale du Crédit Mutuel
Marieke VAN BERKEL, Rosalie VUILLEMOT
The Consumer Policy working group focus on legislation in the field of consumer policy and their implications for co-operative banks. Consumer policy includes all issues related to the rights of consumers (including the enforcement of these rights) and the access to and use of financial services by consumers.
Hans GROENEVELD, Rabobank
Volker HEEGEMANN, Maryia SULIK
The Cooperative Identity Forum provides a platform for exchange on developments in the cooperative banking sector and in the cooperative movement in the Member States, in the European Union and globally. All matters specific to cooperatives, cooperative identity, governance and cooperative business model are covered by the Forum.
Elisabeth DELAHOUSSE, Fédération Nationale du Crédit Agricole
Volker HEEGEMANN, Pauline HASCÖET
Legal questions on conduct and organization of banks are covered by the Corporate Governance and Company Law Working Group. It also raises cooperative specific governance questions in order to address the special features of the cooperative business model. The working group’s activities have recently focused on remuneration policies, governance aspects addressed in CRD IV, fit and proper, and antitrust laws.
Jens HOLECZEK, Bundesverband der Deutschen Volksbanken und Raiffeisenbanken
Marieke VAN BERKEL, Farid ALIYEV
Digital euro may have far-reaching implications for the European economy, co-operative banks and the financial sector at large. The Digital Euro Working Group concerns itself with: identifying, monitoring and assessing European initiatives related to a retail digital euro and its implications for cooperative banks, elaborating common positions towards the EU institutions and other relevant organisations; coordinating relevant lobby initiatives to bring forth the common positions developed; and interacting with the European institutions (European Central Bank, European Commission, European Parliament, Council, EBA) and other relevant stakeholders.
Gilles SAINT-ROMAIN, BPCE
Marieke VAN BERKEL, Chiara DELL'ORO
The working group on Digitalisation and the Use of Data focuses on initiatives concerning the use of data and identification of clients developed by the European Commission as part of its Digital Single Market strategy; initiatives to be developed by the newly created Financial Technology Task Force (FTTF) co-chaired by DG FISMA and DG CONNECT and on initiatives in the context of the European Supervisory Authorities’ activities on financial innovation.
Giuseppe ZAGHINI, Federcasse
Marieke van BERKEL, Francesca PALLADINO
The Working Group will concern itself with all European initiatives in the field of financial markets and their implications for co-operative banks. Financial markets policy includes securities legislation, whether in relation to retail investments or wholesale markets, as well as asset management and post-trading (clearing and settlement).
Noémie FRANCHETERRE, Crédit Agricole SA
Volker HEEGEMANN, Pauline HASCÖET
The Platform concerns itself with all European and international initiatives in the field of green and sustainable finance and assess their implications for cooperative banks. Sustainable Finance policy includes at EU level, new legislation stemming from the implementation of the EC Action Plan. At international level, it includes several market-led and other international bodies-led initiatives. It is engaged in a constructive dialogue with EU Institutions and other bodies involved in sustainable finance (i.e. EBA, ESMA, NGFS, FSB, UNEP-FI, ISO). It coordinates the EACB position in the context of the Technical Expert Group on sustainable finance recently set-up by the European Commission where EACB holds a seat.
Bruno MEYER, Confédération Nationale du Crédit Mutuel
Marieke VAN BERKEL, Farid ALIYEV
While the payments landscape in the European Union is undergoing profound change, the Payment Systems Working Group (PSWG) mission is to keep track of all legislative and non-legislative initiatives impacting the way that banks provide payment services to its customers. For that purpose, the PSWG serves as a platform for co-operative banks to discuss and agree common positions in the field of payments. The PSWG is also responsible for defining the positions of the EACB at the European Payments Council and the Euro Retail Payments Board. Given the very nature of the sector and the increasing relevance of innovative means of payments, the PSWG also addresses the effects of digital transformation.
Johannes REHULKA, RBI
Volker HEEGEMANN, Marco MANCINO, Marco ROMEO
The Recovery, Resolution and Deposit protection Working Group concerns itself with all European initiatives and activities of European and global bodies in the field of resolution and early intervention, crisis management (including the SRF and national crisis funds), TLAC and MREL, as well as deposit protection and will deal with their implications for cooperative banks. For this purpose, it will maintain contacts with the European institutions, the EBA, the FSB and the SRB and the SSM (where topic requires).
Volker HARTKE, BVR
Volker HEEGEMANN, Maryia SULIK
The Sustainability Reporting & Audit Working Group was established to match the rapid developments in the field of sustainability reporting at European and international level. It focuses on the initiatives put forward by the EFRAG Sustainability pillar, including the European Sustainability Reporting Standards (ESRS) that cover the full range of sustainability matters (cross-cutting and ESG) as well as the sector specific standards. The working group also follows the activities of the global sustainability standard setter, the International Sustainability Standards Board (ISSB).
Volker HEEGEMANN, Maryia SULIK
The Taxation Working Group focuses on the bank-specific aspects of Taxation in the financial sector. It follows the developments of rules, legislation and proposals both in the EU institutions and international Organizations (like OECD).