The conclusions reached today by the EU's Economics and Finance Ministers regarding the Basel committee's current work send out a clear signal and are a major step towards protecting the financing of the European economy.
The ECB has just released the results of its survey on '"Access to finance for SMEs in the euro area. " The survey concludes that " SMEs say that access to funding has improved further" in the euro area for the period of October 2015 to March 2016.
Frédéric Oudéa, Chairman of the French Banking Federation (FBF), accompanied by FBF Executive Committee members and the chief executive officer of the FBF, today met in Brussels with the European commissioners Valdis Dombrovskis (Commission Vice-President for the Euro and Social Dialogue), Jyrki Katainen (Vice-President for Economic and Monetary Affairs) and Jonathan Hill (Commissioner for Financial Stability, Financial Services and Capital Markets Union).
The French Banking Federation (FBF) takes note of the approval of the PSD2 text, whose initial ambition is to facilitate the arrival of new players (aggregators and third party payment service providers) to reinforce the security of payment transactions in Europe.