European Association of Co-operative Banks reposted this
Take a look at the latest newsletter edition taking up crucial aspects relevant to ensure the European banking sector to stay competitive in the global landscape! The #EuropeanCommission certainly is in the drivers' seat expected to take bold decisions to simplify the EU legislative framework so that it can deliver on Europe's economic, environment and social ambitions. In this vein, we look to the announced #OmnibusPackage with high expectation, counting on it representing a clear step toward simplifying and streamlining of the CSRD, the CSDDD and the taxonomy regulation. Europe's cooperative banks will remain solid anchors of financial stability, uniquely positioned to have the #EUcitizens, their clients and members across all regions, at heart while staying committed to remaining innovative and flexible to adapt. Yet this evolution can only happen if regulations are simple, agile and designed with the sector’s diversity in mind. European Association of Co-operative Banks Priscille Szeradzki Crédit Mutuel #coopbanking #competitiveness #simplification #omnibus
🌀 Cooperative banks are ready to play a key role in accompanying efforts to relaunch #EUcompetitiveness. A balanced regulatory framework is crucial to a diverse banking sector that can drive #sustainablegrowth and fund Europe's green, digital and social objectives. In this edition of the EACB newsletter, we hear from key leaders shaping the future of banking in Europe. ➡ Priscille Szeradzki, EACB President and Deputy CEO at Confédération Nationale du Crédit Mutuel (CNCM), emphasises the importance of regulatory #simplification to help #coopbanks leverage their democratic governance and #proximity to clients in addressing today's challenges, from #digitalisation to financial inclusion. ➡ Alexandra Jour-Schroeder, Deputy Director-General at DG FISMA, European Commission, breaks down the EU Competitiveness Compass and key elements of the Commission #simplification agenda aimed at spurring #innovation, #growth, and #investment. The road ahead demands a united vision and collective resolve. Together, we must shape a financial system that is modern, resilient, and human-centred. 👉 Read the full newsletter here: https://lnkd.in/dRmexDDB
