De Nederlandsche Bank’s Post

thank you yes it will become very clear when legitimate payments methods are registering for their ISO and the value in colletral after the housing van bubbles have cleared the reserved names in technology and financial instruments as coins. the legal implementation of values registering directly with the DNB to open an account without having the colletral as owning their own state. legitimate purpose is my sort code still active at 10000 and would like to ensure my account remains open till values return to stable legal payment methods. and the financial industry and the technology sector reclaim their sector by protecting reserved names. account holder to a former/formal employees. in this world where someone else can ran off with your dictionary and confused the hell out of this and the next generation what to do to mitigate some risks.

🆕📰 Discover the challenges and potential of EU capital markets in our latest commentary, authored by Karel Lannoo! Delve into the impact that a 🇪🇺 Securities and Exchange Commission could have on Europe's financial competitiveness ⤵ 🔗READ MORE HERE: https://lnkd.in/d4rH-rj5

What are our proposals for more effective and attractive capital markets in the European Union? ESMA launched yesterday its Position Paper, with 20 recommendations which focus on three dimensions: citizens, companies and the EU regulatory and supervisory framework. Creating effective and attractive EU capital markets requires improving the wider market ecosystem and putting investors and companies at the heart of it. Significant steps are needed to ensure capital markets can play their role in supporting the financing needs of Europe.   I was happy to present the paper in front of more than 600 participants in a public event – EU stakeholders, journalists and other interested parties. The actions proposed go beyond changes to financial regulation and are directed not only to capital market supervisors but also to EU Member States, the European Commission and EU Co-legislators as well as to the financial industry.   I would like to thank the members of ESMA’s Board of Supervisors for their ideas, suggestions and support, which allows us to bring the voice of securities regulators to the debate on how to build more effective and attractive capital markets in the EU. Many thanks also to our special guest, Madame Christine Lagarde, President of the European Central Bank, for her intervention.    Paper – https://lnkd.in/eXbxgpeY Factsheet – https://lnkd.in/eP7ZWnAm Recording – https://lnkd.in/ebBUwDiQ  

Last Friday, the Autoriteit Financiële Markten and De Nederlandsche Bank released a position paper on the Capital Markets Union (CMU), outlining strategic steps towards a more integrated and efficient European financial landscape. 👇 Structure: 1️⃣ Make targeted changes to European Securities and Markets Authority (ESMA)’s mandate: Decrease regulatory uncertainty and enhance supervisory effectiveness. 2️⃣ Stimulate and support European capital markets: Ensure investment products work in the best interest of EU citizens. 3️⃣ Promote access and competition: Foster growth in European capital markets. 4️⃣ Harmonize and improve legislation: Enhance single market legislation and enforcement powers. 5️⃣ Improve data availability and comparability: Enhance market and company data quality. Major Highlights: 1️⃣ Centralized Supervision at ESMA: 🔍 Centralized supervision can reduce market fragmentation, fostering a more integrated European capital market. The paper proposes to centralise supervision for CCPs, Trading venues, and large asset managers. ESMA should centrally supervise these entities applying the lessons from the ECB/SSM’s ‘Joint Supervisory Team’. ESMA's success hinges on close collaboration with NCAs, leveraging their expertise. 2️⃣ Auto-enrolment Pension Plans: 💰 Shift significant savings towards capital markets by implementing auto-enrolment pension plans. 3️⃣ Data Centralization for Integration: 📊 An integrated European capital market thrives on centralized data. Benefits include better supervisory outcomes, unloading of national data infrastructures and simplified reporting for supervised entities. 📖 You can read the full position paper here 🔗 #CMU #ESMA #supervision #goodreads https://lnkd.in/eB6jBBCF

𝐀 𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐜𝐚𝐩𝐢𝐭𝐚𝐥 𝐦𝐚𝐫𝐤𝐞𝐭: 𝐭𝐢𝐦𝐞 𝐭𝐨 𝐚𝐜𝐭 The need for a single European capital market is not new – it is long overdue. In his article for our semi-annual report Kurvenlage, Karel Lannoo, CEPS (Centre for European Policy Studies), writes that despite decades of effort, progress has been held back by gold-plating, regulatory inconsistencies and a lack of enforcement. Reports such as the ECB's Financial Integration 2024 made it clear how far we have fallen behind. The EU must now take bold steps: Eliminate regulatory arbitrariness and create a powerful, single supervisory authority modelled on the US SEC. We need a genuine capital markets union that promotes competition, investor protection and seamless market integration in all member states. #EU #CMU #Investment #Europe Deutsches Aktieninstitut

ESMA's position paper on enhancing the EU’s capital markets outlines 20 strategic recommendations designed to invigorate the markets and (fingers crossed) better serve the interests of European citizens and businesses. Key recommendations include: - Expanding investment choices for individuals in the EU, providing more (safe) avenues to grow their savings, and encourage financial education; - Elevating financing mechanisms for enterprises, fostering innovation and expansion; and - Refining regulations to ensure they’re nimble, supervision is uniform, and the EU’s markets remain globally competitive. On paper (pun intended) these recommendations provide a comprehensive roadmap for enhancing the EU’s capital markets, however the transition from theory to practice is where complexities will undoubtedly emerge.

🎦 Creating effective and attractive EU capital markets requires improving the wider market ecosystem and putting investors and companies at the heart of it. Steps are needed to ensure capital markets can play their role in supporting the financing needs of Europe. What are ESMA's recommendations? → https://lnkd.in/eXbxgpeY | Factsheet → https://lnkd.in/eP7ZWnAm. The actions proposed go beyond changes to financial regulation and are directed not only to capital market supervisors but also to EU Member States, the European Commission and EU Co-legislators as well as to the financial industry.

ESM Chief Financial Officer Kalin Anev Janse addressed the topic of Europe’s role in the world with a video presentation to the DZ BANK AG conference in Berlin this week. His key points: ▶️ Europe’s economy did better in 2023 than was expected ▶️ Markets in Europe perform well ▶️ Europe’s financial infrastructure is robust, experienced no contagion from the US and Swiss bank crisis See video and slides here https://ow.ly/s8HM50RlXXF #ESMeuro

In 2023, the persistent geopolitical and macroeconomic uncertainty continued to impact the global landscape. How has this climate affected the Expected Credit Losses of Europe's 26 largest banks? Find out more in our new report, including a statement by Heike Hartenberger, specialist for financial instruments at Forvis Mazars, who contextualises the results for the German market: https://lnkd.in/eTKbHHbJ #IFRS9 #CreditRisk #ECL #EuropeanBanking