European Banking Authority

EU could fall foul of global banking rules, regulators warn

FRANKFURT, Nov 4 (Reuters) - The European Union could fall foul of global banking rules designed to stem a repeat of the global financial crisis if proposed changes that would…

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EU eyes crackdown on risks from foreign bank branches – sources

European Union regulators are considering tougher scrutiny of foreign bank branches in the bloc whose ranks have been swelled by Brexit to create "negative risks", sources familiar with the discussions…

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Banks in EU to publish world’s first “green” yardstick from next year

Banks in the European Union would have to publish a groundbreaking "green asset ratio" (GAR) as a core measure of their climate-friendly business activities from next year, the EU's banking…

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EU weighs new anti-money laundering body in wake of scandals

The EU is to explore the creation of a central authority to crack down on money laundering activity after a series of high-profile scandals have underlined Europe’s weaknesses in preventing…

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New powers not enough to stem ‘dirty money’ flowing into EU banking system – EBA CEO

New powers given to Europe’s banking watchdog are not enough to stem the tide of dirty money sweeping through the bloc that has been revealed by recent scandals, the head…

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Commissioner Jourová requests EBA to probe actions of Danish and Estonian national financial watchdogs following Danske Bank money laundering scandal

The EU’s banking watchdog is set to probe the actions of Denmark and Estonia’s national supervisors to see how they failed to pick up on Danske Bank’s massive money laundering…

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