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Europe Daily Bulletin No. 11852

1 September 2017
Contents Publication in full By article 10 / 22
ECONOMY - FINANCE - BUSINESS / Banks
EBF calls for freeze on certain measures of risk reduction package
Brussels, 31/08/2017 (Agence Europe)

In a letter to the European Commissioner for Financial Services, Valdis Dombrovskis, dated Monday 28 August, the European Banking Federation (EBF) argues for two measures of the Financial risk reduction package to be frozen until the international rules on reinforcing banks' capital requirements (Basel III) are finalised (see EUROPE 11810).

The two measures flagged up in the letter, of which EUROPE has had sight, are the new standards for assessing the market risk of the trading book (FRTB)...

Contents

INSTITUTIONAL
UNITED KINGDOM: Financial question and opening talks about future relationship are main stumbling blocks in UK/EU negotiations
POLAND: Commission not reassured by Poland's attitude and hands over to member states to decide on next steps
SECTORAL POLICIES
FOOD SAFETY: Parliament committee slams RASFF over Fipronil tainted eggs
FOOD: MEPs do not want to encourage the world at large with meal replacements for the overweight
AGRICULTURE: EMB argues for inclusion of crisis management mechanism in new CAP
ENVIRONMENT: After France's announcement, Greens press Germany to vote against glyphosate re-authorisation
INDUSTRY: Entry into force of new improved automobile vehicle emission trials
TRANSPORT: Commission presents MEPs with TEN-T network implementation progress report
ECONOMY - FINANCE - BUSINESS
FINANCE: First cracks appear at European Parliament over retail financial services action plan
BANKS: EBF calls for freeze on certain measures of risk reduction package
ECONOMY: Eurozone inflation estimated at 1.5% in August
STATE AID: Commission orders Spain to recover €5.8 million from Iberpotash
EXTERNAL ACTION
EASTERN PARTNERSHIP: Hahn calls for swift adoption of partnership agreements with Georgia, Moldova and Armenia
SERBIA/KOSOVO: Justice agreement to enter into full force on 17 October
QATAR: Qatari foreign minister criticises lack of international community response to Gulf crisis
CENTRAL AFRICA: Court of Auditors says EU trust fund is good start that deserves better management
TRADE: WTO victory for EU and Japan against Brazil's tax regime in support of its national industry
BRAZIL: EU and Brazil want agreement in principle in 2017 on EU/Mercosur negotiations
SOCIAL AFFAIRS
SOCIAL: European trade unions outline their priorities for revising 'posted workers' directive
NEWS BRIEFS
UKRAINE: EU calls for media freedom
EMPLOYMENT: 9.1% unemployment rate in Eurozone and 7.7% in EU last July
GREECE: Greek government proposes modernisation of public sector in three years