Credit standards – i.e. banks’ internal guidelines or loan approval criteria – for loans to enterprises tightened in the second quarter of 2019… https://www.ecb.europa.eu//press/pr/date/2019/html/ecb.pr190723~10dfcba05b.en.html
The European Banking Authority (EBA) published today the findings of its analysis on the regulatory framework applicable to FinTech firms when accessing the market… https://eba.europa.eu/-/eba-publishes-report-on-regulatory-perimeter-regulatory-status-and-authorisation-approaches-in-relation-to-fintech-activities
ESMA, in its advice, has assessed the level of consideration of Environmental, Social and Governance (ESG) factors in both specific credit rating actions… https://www.esma.europa.eu/press-news/esma-news/esma-advises-credit-rating-sustainability-issues-and-sets-disclosure
Jamie Dimon, the CEO of J.P. Morgan Chase, has said he doesn’t expect Facebook’s planned Libra cryptocurrency to have a short-term impact on the bank…
Consob ha pubblicato il nuovo Quaderno FinTech n. 5 del luglio 2019 sul tema “Marketplace lending: verso nuove forme di intermediazione finanziaria?” … http://www.dirittobancario.it/news/fintech/pubblicato-il-nuovo-quaderno-fintech-della-consob-sul-marketplace-lending
ESMA still has serious concerns about firms’ marketing, distribution or sale of CFDs to retail clients and considers it necessary to remind CFD providers about some of the requirements connected with the offering of CFDs…
Why are interest rates so low today? Many believe that the worldwide abundance of savings is due to the retirement of OECD baby-boomers and the Chinese one-child policy… https://www.bis.org/publ/work794.pdf
Japan’s interminable winter for cryptocurrency exchanges seems to have thawed…
Fed Chairman Jerome Powell believes that bitcoin’s primary use case is as a store of value, not payments. That could be about to change… https://www.ccn.com/news/bitcoins-use-case-for-payments-strengthens-with-lightning-powered-app/2019/07/11/
Since the financial crisis, the euro area’s institutional architecture has evolved significantly… https://www.ecb.europa.eu//press/key/date/2019/html/ecb.sp190704_1~c105b24fd6.en.html