Senior Policy Fellow @DelorsBerlin. Working on European banking supervision & resolution, Capital Markets Union, greening the financial system, financial crime
📢 Non-bank financial intermediation (NBFI) is growing rapidly. While market-based financing and private risk-taking can support innovation and growth, Europe needs to tackle potentially systemic risks with a robust macro-prudential framework for #NBFI 🧵 delorscentre.eu/en/publicati…
Europe's way forward? While the @EPP wants to put #CSRD, #CSDDD, #Taxonomy on hold and @Der_BDI calls for "more market-based solutions" to organise the green transformation, EU banks are considering quitting the already weak Net Zero Banking Alliance #NZBAft.com/content/affbf968-b194…
📢 Non-bank financial intermediation (NBFI) is growing rapidly. While market-based financing and private risk-taking can support innovation and growth, Europe needs to tackle potentially systemic risks with a robust macro-prudential framework for #NBFI 🧵 delorscentre.eu/en/publicati…
To prevent systemic risks from piling up and transmitting to banks, the EU needs to:
☑️Shed light on opaque private finance
☑️Introduce tools limiting liquidity mismatches & leverage
☑️Establish binding limits for banks’ NBFI exposures
☑️Coordinate supervision & create a data hub
The new Financial Services Commissioner Maria Luís #Albuquerque should not put urgent reforms on the back burner. Integrating financial supervision and enhancing transparency will face political headwinds, but is key to exploit the potential of the Savings and Investments Union.
The latest @KPMG Venture Pulse Report from Q3 2024 confirms the urgency for Europe to bring more venture capital into #cleantech investment. The good news is that the EU has the means to plug the #scaleup funding gap. Some ideas for @EIF_EU, @EIB & @EUeic: delorscentre.eu/en/publicati…
"Financial stability is absolutely key", says EU Commissioner-designate for financial services, Maria Luís #Albuquerque. Let's hope that her firm rejection of a race to the bottom will withstand the new wave of deregulation looming in the US under Trump... politico.eu/article/european…
In its statement on the competitiveness of the European economy, the #Eurogroup yesterday underlined the role of public financing and the @EIB for addressing the EU's innovation and productivity challenges. Some ideas to get the scaleup of cleantech right: delorscentre.eu/en/publicati…
An important outcome of today’s #Eurogroup meeting - we agreed on a statement by all EU finance ministers on the #Competitiveness of the European economy. europa.eu/!7wrTjf
On this day ten years ago, the European Central Bank (@ecb) took over the European banking supervision. The right move, but not quite enough, our finance expert and Senior Policy Fellow @SebastianMack_ comments on the anniversary and what has been done since 4 November 2014.
🚀 The European #scaleup financing gap is holding back promising startups, especially in #cleantech! 🌍 Many innovative firms struggle to grow due to limited funding options at home. Let’s dive into what’s missing and what the EU can do about it. 🧵
delorscentre.eu/en/publicati…
🚨 Today's @POLITICOEurope Financial Services newsletter features my brand new @DelorsBerlin paper on Europe's scaleup financing gap. 🇪🇺 To compete with the US and China, the EU needs to change its approach to innovation funding and directly invest in green startups where needed.
On our website, you can download the entire report on the state of the European venture capital market, the limits of the current method of deploying public money and which instruments the EU should now use to keep innovative companies in Europe 👇
delorscentre.eu/en/publicati…