The European Banking Federation (EBF) fully supports the opportunity to share our views on the draft Implementing Regulation (IR) issued by the European Commission (EC) on shareholder identification, the transmission of information and the facilitation of the exercise of shareholders rights.
The EBF has followed the progress of the Shareholder Rights Directive (SRD) with interest and was heavily involved in the preparatory works that led to this consultation, being an active member of the EC Expert Group on technical aspects of corporate governance processes.
The EBF appreciates the efforts of the European Commission in this field. In particular, we support the aim of the European Commission to be neutral towards new systems and processes and to support existing, well-working message structures, such as SWIFT. Relying on minimum standards and encouraging the industry to establish further self-regulatory standards will help new solutions flourish and allow the industry to continuously work on process improvements and take up best practices.
The EBF would also like to encourage the regulators to continue engaging with the industry to ensure proper application of this IR.
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]]>Request for delay of TARGET2 and TARGET2 Securities consolidation project: EBF,EACB, ESBG and EAPB Joint Letter
BRUSSELS, 12 May 2020 – The European Banking Federation, together with the EACB, ESBG and EAPB has written to the European Central Bank to request a one-year delay to be considered for the ongoing
consolidation project TARGET2 and TARGET2 Securities.
Contacts:
Nahuel Mercedes, Communication Officer, +32 2 508 3711, n.mercedes@ebf.eu
Anni Mykkanen, Senior Adviser, Payments & Innovation a.mykkanen@ebf.eu
About the EBF:
The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe. The EBF is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere. Website: www.ebf.eu Twitter: @EBFeu.
Every Friday at noon you can receive the EBF Weekly + Financial Regulation Agenda. This agenda presents an overview of upcoming European and international meetings and conferences in financial regulation, as well as important general financial and economic events and key EBF meetings for the week ahead. CLICK HERE TO SUBSCRIBE
The EBF Morning Brief is published Monday through Friday morning and brings you the top banking headlines, relevant announcements from the EU institutions and the latest from the EBF and its members, national banking associations in 32 countries in Europe. CLICK HERE TO SUBSCRIBE
The post Request for delay of the consolidation project of TARGET2 and TARGET2 Securities: EBF,EACB, ESBG and EAPB Joint Letter appeared first on EBF.
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