Save the date! Innovation in mobile and electronic payments
The European Commission has recently published a Green Paper to launch a consultation process with stakeholders to help the Commission in identifying the right way to improve market integration in European card, internet and mobile payments. In the quest for more efficient, secure and transparent payment markets, unhindered technical and business innovation plays a key role.
Bank business models, diversity and the future of regulation
This CEPS - ECRI event will provide a forum to discuss the effects that the Capital Requirements Directive and the respective regulation will have on banks’ business models. The ‘one size fits all’ approach of Basel III poses the same requirements for all banks, regardless of their risk levels and structures. This raises concerns especially from the perspective of cooperative banks with a retail business model, which have an important role as lenders to the economy.
Foreign currency indebtedness: A potential systemic risk in emerging Europe
Foreign currency indebtedness in new EU member states has had serious post-crisis consequences, where a substantial currency mismatch has contributed to an alteration in the macroeconomic and financial risk profile of individual countries. A pivotal challenge ahead for emerging Europe will be to strengthen institutional and monetary credibility and reinforce stable and efficient capital markets that are less dependent on foreign capital inflows. This would ultimately reduce countries’ vulnerability to future shocks to the economy, and facilitate their full-blown recovery.
