• The EU’s role in international financial bodies

    9 November 2015

    In this blog, Jessica Porcelli looks at the EU’s role in international financial bodies, drawing from the recent ECON non-legislative report on “The role of the Union in international financial, monetary and regulatory institutions and bodies” drafted by MEP Sylvie Goulard.

  • Microcredits in the EU

    30 October 2015

    Microcredits are not just for developing countries; their growing role in the EU’s economy triggered the first “European Microfinance Day” earlier this month, along with calls to improve the regulatory and political environment. In this blog, Greg Ford looks at the vibrant but often overlooked EU microcredit sector to see what lessons it might hold for other types of small business lending.

  • Putting the Capital Markets Union on sustainable foundations

    12 October 2015

    The article was originally published at Critical Finance, a website composed by a group of economists at UWE (Bristol), working towards a critical re-articulation of the role of finance and money in economic theory and practice. Daniela Gabor and Jakob Vestergaard discuss four issues that are essential to address for a sustainable Capital Markets Union.

  • Who will benefit from the Capital Markets Union?

    29 September 2015

    A group of European civil society organisations are concerned over the launch of the European Commission’s proposed Action Plan on the Capital Markets Union (CMU) initiative. They call on policy makers to adress these concerns and to pay due consideration to their many proposals.

  • Help us voice society’s concerns to avoid a further deregulation of the banking sector

    23 September 2015

    This summer the European Commission launched a new consultation on the "possible impact of the CRR and CRD IV on bank financing of the economy". The outcome of the consultation could put pressure on policy makers to decrease standards rather than deliver a (much-needed) improvement, which would be a poor outcome from a public interest perspective.

  • The Better Regulation restaurant

    8 September 2015

    When Frans Timmermans presented the Better Regulation Package in May, he used the analogy of refurbishing a kitchen. He said it is not important for those who eat a meal how the kitchen is furnished but rather how the food tastes in the end. Sticking to this metaphor, our member organisation SOLIDAR wants not only that the food tastes good but also that each and every one can afford a meal and has a place at the table.

  • Divesting from fossil fuels – Broadening the perspective on the newest ethical challenge to the financial industry

    25 August 2015

    A new article from our guest blogger Fabien Hassan - To fight climate change and reduce CO2 emissions, environmental advocates have found an enemy: companies exploring and extracting fossil fuels. The divestment movement was born to convince investors to stop financing those companies. Boosted by impressive successes despite opposition, the movement has one major benefit: it forces investors to consider their impact on the real economy.

  • Better Regulation – an introduction

    23 July 2015

    Welcome to a new series of blogs on “Better Regulation”. In this and the following articles, we will explain what the new Commission initiative is about and what concerns it raises for citizens.

  • The Capital Markets Union: Faith in finance restored, contract with finance rewritten?

    23 July 2015

    Guest bloggers Daniela Gabor and Jakob Vestergaard explain why they think Capital Markets Union, in its current form, is unlikely to advance its stated objectives and risks undermining other efforts to regulate (shadow) banking.

  • Beware of the impact assessment

    23 July 2015

    In May, European Commission Vice-President Timmermans presented his Better Regulation proposals, which aims to reduce the regulatory burden and improve the way new rules are made. One potentially worrying proposal is for more impact assessments at various stages of legislation.