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Interview with Het Financieele Dagblad Interview with Frank Elderson, Member of the Executive Board of the ECB, conducted by Annemiek Leclaire 8 May 2021 The job interview with René Smits started as soon as I had come through security at De Nederlandsche Bank (DNB). “Let’s take the stairs,” he said and began to race up two steps at a time, asking me the first questions on the way. It’s far easier to pose questions when you’re dashing upstairs than to answer them. By the time we arrived on the fourth floor I was out of breath. Smits had invited me for breakfast but I decided to have...

Recent regulatory developments of interest to most financial institutions.  Contents Tackling financial exclusion: House of Lords Liaison Committee follow-up report Safe harbour provisions to support the wind-down of critical benchmarks: RFRWG letter Net zero and the future of green finance: Treasury Committee report UK Future Regulatory Framework Review: BoE speech on PRA policymaking UK MiFID research and best execution reporting requirements: FCA CP21/9 Strengthening financial promotion rules for high-risk investments and firms approving financial promotions: FCA DP21/1 Compliance, cultur...

Greetings and welcome to EURACTIV’s Green Brief. Below you’ll find the latest roundup of news covering energy & environment from across Europe. You can subscribe to the weekly newsletter here. Since she took office in December 2019, European Commission President Ursula von der Leyen has been talking big about climate change, saying global warming is “an existential crisis” and dubbing the European Green Deal as “Europe’s man on the moon moment”. That EU leaders are finally addressing climate change is a welcome development. But it also creates expectations. What if Europe fails...

All the way to zero: guiding banks towards a carbon-neutral Europe Keynote speech by Frank Elderson, Vice-Chair of the Supervisory Board and Member of the Executive Board of the ECB, at the conference on “The Role of Banks in Greening Our Economies” organised by the European Bank for Reconstruction and Development and Hrvatska narodna banka Frankfurt am Main, 29 April 2021 It is a great honour for me to be with you today to discuss the role of banks in greening the economy. And I am very happy to delve into the topic of climate change at an event co-organised by the European Bank for Rec...

Source: European Central Bank Keynote speech by Frank Elderson, Vice-Chair of the Supervisory Board and Member of the Executive Board of the ECB, at the conference on “The Role of Banks in Greening Our Economies” organised by the European Bank for Reconstruction and Development and Hrvatska narodna banka Frankfurt am Main, 29 April 2021 It is a great honour for me to be with you today to discuss the role of banks in greening the economy. And I am very happy to delve into the topic of climate change at an event co-organised by the European Bank for Reconstruction and Development (EBRD) –...