Green Paper on Long-term Financing of the European Economy

The EACT has submitted its response to the European Commission's consultation on the long-term financing of the European economy. The response underlines some essential elements of financial regulation that we feel the legislator should consider in all current and future actions and policies in order to make Europe a competitive and appealing place to both conduct and grow business. We argue that legislators should ensure there is coherence between different legislative acts and policy goals; and systematically take into account and assess the impact of any financial services legislative proposal on non-financial companies. Non-financial companies should not be deemed to be the same as financial companies when financial regulation is being developed. We also call on the legislator to recognise the need for balance between making the banking system stable through prudential requirements and lending to the economy. 

View Document

News


EACT Briefing Focus: Trade Finance Innovation

Photo from EACT Briefing Focus: Trade Finance Innovation

Trade Finance Innovation is a key topic for corporate treasurers. Recent decades have seen radical changes in the way we deal, shop, hedge, lend and pay, for example. Why shouldn't Trade Finance also deliver its full potential of transformation?

View More

EACT responds to European Commission consultation on implementing the final Basel III reforms in the EU

Photo from EACT responds to European Commission consultation on implementing the final Basel III reforms in the EU

The EACT is grateful for the opportunity to respond to this consultation on the implementation of the final Basel agreement in the EU. Read our position here.

View More

EACT responds to ESMA consultation on review of the Market Abuse Regulation and potential extension of its scope to FX spot markets

Photo from EACT responds to ESMA consultation on review of the Market Abuse Regulation and potential extension of its scope to FX spot markets

View the EACT's responses to the questions asked in the Consultation Paper on the MAR review report, published on the ESMA website.

View More

EACT Newsletter - December 2019

Photo from EACT Newsletter - December 2019

The latest issue features updates on what the new EU policy cycle for 2019-2024 will likely hold in store for financial services and corporate treasury, as well as event updates from various national associations.

View More

EACT Newsletter - October 2019

Photo from EACT Newsletter - October 2019

The latest issue features updates on the new Journeys to Treasury report, EURIBOR and EONIA benchmarks and how to benefit from the EMIR Refit.

View More