European Banking Federation urges EU to designate banks a strategic sector and streamline regulation.
European banks, through the European Banking Federation (EBF), urge EU to designate them a strategic sector, as they argue competitiveness and Europe's future are at stake. The EBF's list of 45 policy recommendations also calls for streamlining banking regulation, stating current regulation is overwhelming. The lobby aims to address Europe's reported outsourcing of key sectors over the past 20 years.
April 16, 2024
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