The European Commission took a gamble that has paid off: it was seeking to coordinate the actions taken by the financial industry to improve the response to the Covid-19 crisis. European banking, insurance, business and consumer associations have agreed on a common list of “best practices”, which was published on Tuesday 14 July.
The document reflects the outcome of discussions at roundtables organised by the Commission on 28 May (see EUROPE B12496A14) and 29 June, which brought...