Press Releases
AFME report identifies Banking Union challenges holding back EU bank consolidation
The Association for Financial Markets in Europe (AFME) has today published a new report evaluating the state of the European Banking Union (BU). The report identifies critical implementation gaps in the BU framework, beyond the well-known existing barrier arising from the absence of a fully completed European Deposit Insurance Scheme (EDIS). These barriers largely stem from the significant discretion granted to Member States withing the Banking Union’s single rule book.
Joint Trades Call for Recalibration of Cryptoasset Prudential Standards and Highlight DLT’s Transformative Role in Capital Markets
WASHINGTON, D.C., 19 August 2025 - A coalition of leading global financial trade associations (“the Joint
Trades”), together with Boston Consulting Group (BCG), Ashurst, and Sullivan & Cromwell as technical
advisors, issued a letter to the Basel Committee on Banking Supervision (BCBS) urging a pause and recalibration
of the Cryptoasset Exposures Standard (SCO60) and a comprehensive report highlighting the transformative
potential of Distributed Ledger Technology (DLT) in capital markets.
AFME says actions to strengthen resilience are paying off in response to 2025 EU-wide stress test results
Following the publication of the EU-wide stress test results by the European Banking Authority today, the Association for Financial Markets in Europe (AFME) issued a statement on behalf of its members that participated in the exercise.
