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Image header Agence Europe
Europe Daily Bulletin No. 13024
Contents Publication in full By article 12 / 26
ECONOMY - FINANCE - BUSINESS / Banks

Elke König insists on need to test bank resolution plans

The Chair of the Single Resolution Board (SRB), Elke König, said that once the banks concerned have finalised the preparation of their resolution plans, the European authority in charge of resolving a failing bank will have the task of “testing” these plans in order to be able to react quickly in case of emergency.

“I hope that the banks will have addressed all the resolution topics by the end of next year” and then the SRB will reach a cruising speed where it can “test” the...

Contents

SECTORAL POLICIES
INTERNAL MARKET: Single Market Emergency Instrument, European Commission presents graduated approach according to intensity of crisis
ENERGY: Czech Presidency of EU Council’s first draft compromise on ‘REPowerEU’ plan
ENERGY: Paris challenges Commission on future European rules on hydrogen
CLIMATE: EU Member States seek to agree on conclusions for COP27
CLIMATE/FINANCE: Greenpeace takes legal action against European Commission over inclusion of gas and nuclear in EU taxonomy
CIRCULAR ECONOMY: EU Sustainable Products Regulation - EU ministers to focus on industry’s competitiveness on 29 September
DIGITAL: Czech Presidency of EU Council wants well-being of pupils to be taken into account in design of digital education policies
HEALTH: European Medicines Agency and HMA express a common position on interchangeability of biosimilars approved in European Union
INSTITUTIONAL
BUDGET/RULE OF LAW: EU Council has three months to decide on proposal to deprive Hungary of €7.5 billion
GENERAL AFFAIRS: rule of law and follow-up to Conference on Future of Europe on agenda of EU Ministers for European Affairs
ECONOMY - FINANCE - BUSINESS
ECB: monetary institute clarifies its strategy to ‘green’ its asset purchases
BANKS: Elke König insists on need to test bank resolution plans
INSURANCE: Solvency II review will have limited impact on equity investments, say researchers
MONEY LAUNDERING: Mairead McGuinness assures that financial endowment of future European authority AMLA will be sufficient
Russian invasion of Ukraine
JUSTICE: Czech Minister of Foreign Affairs calls for special tribunal for crime of aggression by Russia
EXTERNAL ACTION
DEVELOPMENT/UNIVERSITY: in New York, Jutta Urpilainen reiterates EU’s commitment to making adequate funding for education a political priority
NEWS BRIEFS
CENTRAL ASIA: Josep Borrell calls on Kyrgyzstan and Tajikistan to de-escalate
COHESION: Germany, Slovakia and Bulgaria receive additional €111.5 million in support from REACT-EU
HUMAN RIGHTS: Irishwoman Siofra O’Leary becomes first woman to be elected President of European Court of Human Rights
ECONOMY: EU average bread price up 18% in August over one year
MIGRATION: Commission consults on whether to revise rules of European Border and Coast Guard Agency in 2023
DIGITAL: European Commission consults on its recently proposed legislation on cyber resilience
RESEARCH: two European competitions reward work of young scientists
UNITED KINGDOM: Spain’s Pedro Antonio Serrano de Haro Soriano to be new EU ambassador to UK
TRANSPORT: Commission consults for review of EU list of ship recycling facilities
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