Newsroom

New publication – Basel 3 explained

Brussels, 17 May 2012: To follow up on our cartoon version of Basel III, Finance Watch has written a new publication, “Basel 3 in 5 questions”, to explain the ideas from the cartoon in a bit more detail. Download “Basel 3 in 5 questions”

Liikanen Expert Group – Finance Watch evidence

Evidence provided by Finance Watch Secretary General, Thierry Philipponnat, at a 29 March 2012 hearing before the High-level Expert Group on possible reforms to the structure of the EU banking sector led by Erkki Liikanen. This paper deals with moral hazard in banking, its implications for the competitive position of European banks and for society. [...]

May 2012

Deutsch 1-5-2012 Financial Times Deutschland “Als würden sich Kinder Schulnoten geben” English 4-4-2012 The Trade News “Serving the real economy” 14-5-2012 The Independent “Brake sought on high-speed traders” 14-5-2012 NRC Handelsblad “Banks could sink the euro” Francais 10-5-2012 Le Monde “Bruxelles veut encadrer les « traders à grande vitesse »”

Speech at ECB “Financial integration and stability”

Frankfurt, 26 April 2012: Finance Watch secretary general, Thierry Philipponnat, today gave a speech at the European Central Bank’s conference on Financial Integration and Stability. Mr Philipponnat discussed the transmission mechanism between macroeconomic imbalances and financial markets in the euro-area, the inability of euro-area countries to create their own money, the impact of LTRO on [...]

April 2012

English 4-4-2012 QFinance “Fear and loathing in London as Barnier taps consumer power” 18-4-2012 Europolitics “CRD IV: Council tackles issue of bank equity” 22-4-2012 Financial Times FTfm “Taking the betting out of investing” 22-4-2012 Financial Times FTfm “High frequency traders are ‘bad’” 25-4-2012 Financial Times “Madrid bourse overhauls trading system” 25-4-2012 Europolitics “MiFID 2-MiFIR: Finance [...]

“Investing not betting” download Finance Watch’s position paper on MiFID 2

Download position paper (3.33MB) Press release Key Points Recommendations 24 April 2012: Finance Watch, the Brussels-based public interest advocacy group, today publishes a position paper “Investing not betting” on MiFID 2, the EU’s revised Markets in Financial Instruments Directive. The paper calls on the EU to maintain a tough stance on: • high frequency [...]

Finance Watch urges U.S. Congress not to give in to unfounded competitiveness arguments

29 March 2012, Brussels: Finance Watch has written to Congress to urge the United States not to weaken its stance on Dodd-Frank and the Volcker Rule. In a letter to the Senate Committee on Banking, Housing and Urban Affairs, Finance Watch says that regulators on both sides of the Atlantic are being told their reforms [...]

March 2012

Deutsch 4-3-2012 Financial Times Deutschland “EU-Wertpapieraufsicht fletscht die Zähne” 12-3-2012 ARD “Die Welt auf Pump” (@ 35 min.) Español 6-3-2012 La Celosía “Financieros arrepentidos fundan una ONG para frenar los abusos de la banca” English 19-3-2012 Global Risk Regulator “Europe prepares to regulate ‘shadow banking’ sector” 27-3-2012 Bloomberg “Bank Single Market Starting to Fragment, EU [...]

Work for Finance Watch

Finance Watch is looking for outstanding individuals to join its professional staff. Candidates should have a strong desire to work for the public interest as well as direct experience in either banking, insurance, pensions, investment management, lobbying and public affairs, legal, regulation, public relations or communications. The closing date for applications is now 16 April [...]

February 2012

English 2-2-2012 Financial Times “Strasbourg hears call for tougher rules for banks” 2-2-2012 Bloomberg “Europe Zero-Risk Capital Rule Should Be Ended, Lobby Group Says” 6-2-2012 EurActiv “Can we come off the rating agency habit?” 9-2-2012 Metro “Do the Big Three deserve credit?” 13-2-2012 Bloomberg “Draghi’s $158 Billion Free Lunch to Boost European Bank Profits” 13-2-2012 [...]