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Image header Agence Europe
Europe Daily Bulletin No. 13672
Contents Publication in full By article 29 / 33
NEWS BRIEFS / Banks

Updated guidance from SRB on banks’ plans for orderly winding down of trading book securities

02/07/2025 (Agence Europe) – On Wednesday 2 July, the Single Resolution Board (SRB), the European authority responsible for resolving major banks, published updated guidance on the plans that banks must draw up to enable them to liquidate, in an orderly fashion, certain assets held in their trading books (‘solvent wind-down of trading books’) in the event of default. The updated guidance aims to simplify the requirements and make them more proportionate to each bank’s risk profile....

Contents

SECTORAL POLICIES
CLIMATE: European Commission confirms 2040 climate target of 90% reduction in emissions, but includes margins for flexibility
CLIMATE: European Commission’s legislative proposal for 2040 climate target struggles to convince all political players
RESEARCH: European Commission proposes strategy to position Europe as most attractive location for life sciences by 2030
DIGITAL: European Commission to draw up a series of ‘roadmaps’ to stimulate development of quantum technologies in EU
DIGITAL: European Commission increasingly openly in favour of ‘digital majority’ for access to certain online platforms
DIGITAL: European Commission details procedures for researchers to access data from major platforms
INDUSTRY: ‘omnibus’ text on chemicals should simplify three regulations on labelling of substances, cosmetics and fertilisers
COHESION: 14 EU Member States call for a “distinct and robust” budget for cohesion policy 2028-2034
COHESION: EPP Group in European Parliament is opposed to any centralisation of policies, particularly cohesion policy, into a ‘single national fund’
AGRICULTURE: Christophe Hansen advocates for “better targeted” aid in future CAP
AGRICULTURE: France questions EU payment of €15 million for South African wines
HEALTH: Denmark aiming for EU Council common position on critical medicines on 2 December
HOME AFFAIRS: child sexual abuse material - Danish Presidency of EU Council reinstates mandatory detection orders
HOME AFFAIRS: Danish Presidency of EU Council intends to make rapid and decisive progress on prevention of irregular arrivals and returns
HOME AFFAIRS: Schengen Information System - thousands of cybersecurity flaws identified in 2024 by European Data Protection Supervisor
TRANSPORT: European Commission is organising two strategic dialogues with view to drawing up ports strategy and industrial maritime strategy
TOURISM: European Committee of Regions looks forward to European strategy for sector
EXTERNAL ACTION
CHINA: “Allowing war in Europe while seeking closer ties is a contradiction that Beijing must resolve”, says Kaja Kallas
DEVELOPMENT: in Seville, Jozef Síkela promotes EU’s Global Gateway strategy
SECURITY - DEFENCE - SPACE
DEFENCE: Danish Presidency of EU Council wants to promote a strong and safer Europe
INSTITUTIONAL
EUROPEAN PARLIAMENT: with supporting statistics, EPP group refutes accusations that pro-European majority in centre of Chamber is being called into question
BUDGET: cohesion, CAP, defence, own resources and joint borrowing... Poland unveils its priorities for MFF post-2027
BUDGET: S&D to oppose proposed national and regional partnership per Member State in EU’s next multiannual financial framework
ECONOMY - FINANCE - BUSINESS
ECONOMY/DEFENCE: EU Council invited to approve use of flexibility of Stability and Growth Pact for fifteen Member States
ECONOMY: EU Council asked to approve multiannual budgetary trajectories for Austria and Lithuania
COURT OF JUSTICE OF THE EU
COMPETITION: General Court of EU upholds European Commission’s decision to review Brasserie Nationale’s acquisition of Boissons Heintz
COUNCIL OF EUROPE
GEORGIA: Commissioner for Human Rights denounces intrusive investigations launched against NGOs in Georgia
FUNDAMENTAL RIGHTS: fight against sexual violence on children remains one of Council of Europe’s major challenges
NEWS BRIEFS
BANKS: updated guidance from SRB on banks’ plans for orderly winding down of trading book securities
SPACE: launched on 1 July, Meteosat Third Generation Sounder 1 satellite will help build resilience to extreme weather events
MERCOSUR: four European farming organisations call on co-legislators to oppose conclusion of EU/Mercosur trade agreement
MEDIA: Greenpeace International takes Energy Transfer to Amsterdam court for ‘anti-SLAPP’ prosecution
EUROPEAN PARLIAMENT : MEPs to vote on a motion of censure on ‘von der Leyen’ Commission on 10 July