24
Apr
2024
Watch
Amending Directive 2013/36/EU as regards supervisory powers, sanctions, third-country branches, and environmental, social and governance risks - Amending Regulation (EU) No 575/2013 as regards requirements for credit risk, credit valuation adjustment risk, operational risk, market risk and the output floor (joint debate - Banking Union)
Mr President, Commissioner, thank you for your work. Almost 12 years ago to the day, 25 April 2012, the then ECB President stood in front of this House and called for the long overdue integration of European banking policy – in short, banking union. We are 12 years on and we have made great strides, but our banking union is missing its third pillar. This week we’re finalising our position on the u…