Banking supervision

Banking regulation is becoming ever more complex and cost intensive. Increasingly, the goal appears to be to remove all risk from bank transactions. However, European banks have long-since proven that they are resilient and able to manage risks effectively. It’s therefore imperative that the European regulatory framework be reviewed regularly, in order to remove unnecessary burdens, avoid duplicate requirements and improve the ability of European banks to compete on a global stage. We want smart regulations that rely on principles-based requirements for capital and liquidity to create stability and fairer competitive conditions.

In addition, we advocate for practicable international and national accounting and reporting provisions. Informative, comparable annual and consolidated financial statements are essential for creating transparency on the capital markets.