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15Apr
2014

EACB Press Release: Today’s vote on the revision of MiFID is an important milestone in reforming the provision of financial services in Europe but many challenges lie ahead

Brussels,  15 April 2014 – Today, the European Parliament adopted the revised Markets in Financial Instruments Directive and the Markets in Financial Instruments Regulation (MiFID II / MiFIR). The European Association of Co-operative Banks (EACB) welcomes today’s vote as an important milestone in reforming the provision of services in financial instruments in Europe, noting that many implementation challenges still lie ahead. It welcomes  the legislator’s decision to refrain from imposing a total ban on inducements. For further information, please click on READ MORE.

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15Apr
2014

EACB Press Release: EACB pleased with the European Parliament's endorsement of the legislative resolution for a Regulation establishing a European Account Preservation Order (EAPO) but sees room to improve the possibilities for cost recovery

Brussels, 15 April 2014 - The European Association of Co-operative Banks (EACB) is pleased with the outcome of the legislative resolution regarding the Regulation establishing an EAPO that has been voted in Parliament, today. For further information, please click on READ MORE.

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15Apr
2014

EACB Press Release: The EACB welcomes today’s European Parliament decision on PRIIPs as an important step towards better informed investment decisions

Brussels,  15 April 2014The European Association of Co-operative Banks (EACB), the voice of 3.700 co-operative banks, considers that today’s Parliament vote on the Key Information Document for Packaged Retail and Insurance based Investment products (PRIIPs) finds a good balance between the need to provide comparable information and the tendency to overload the document with topics on which information should be provided. For further information, please click on READ MORE.

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Next events

International Summit of Co-operatives 2014 Quebec

Following the great success of the first International Summit of Co-operatives in 2012, Desjardins Group will organise a second  edition of the Summit from the 6th to the 9th of October 2014 in Quebec. In this context,  the EACB is proud to be again a partner of the International Summit of Co-operatives 2014. For more information about this event, please click on READ MORE.

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In the spotlight

READ the papers of the EACB Young Researchers Award WINNERS 2014!

The European Association of Co-operative Banks (EACB), in collaboration with its academic think-tank, is pleased to present the winners of the Second EACB Award for Young Researchers on Co-operative Banks. For the full papers of the winners, the call for papers and details about the competition please click on READ MORE.

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March 2014-Roadmap for Co-operative Banks-An Approach that balances Regulation and Stimulation of Local Growth

In light of the European elections and the new mandates of the EU Institutions (2014-2019) starting this year, the European Association of Co-operative Banks (EACB) has drawn up a Roadmap of the Co-operative Banks’ concerns and expectations, for an approach that balances regulation and stimulation of local growth. For the full document, please click on READ MORE.

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SEPA is here...are you ready?

For a few years now, mechanisms exist to allow citizens and companies to make payments in euros across Europe as fast, safe and efficient as national payments are today. They have been developed as part of the so called Single Euro Payment Area (SEPA) programme. But, like with the Euro change-over, we all need to make some adjustments in order to be able to use these mechanisms. As of 1st February 2014, European law will make the use of these mechanisms mandatory. It is therefore important to prepare for their use

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June 2013-PARIS DECLARATION

The European co-operative banks‘ leaders  members of the EACB representing 3,700 banks in Europe signed the 'Paris Declaration' on June 26th 2013 calling the policy makers to pay more attention to the value and the role of co-operative banks  in financing the real economy and the job creation. For the Paris Declaration, please click on Read More.

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