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2 days ago | 
propertycasualty360.com | Nicholas Comfort
Restrictive regulations have long been blamed for holding back Europe’s market for bundling mortgages, car loans, credit card debt and other types of borrowing into financial products. (Credit: noah9000/Adobe Stock) (Bloomberg) — The European Commission is considering reducing the capital that insurers must hold against investments in asset-backed securities, part of a broader effort to revive a €1.2 trillion ($1.4 trillion) market that can finance areas like housing, energy and defense.
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2 days ago | 
financialpost.com | Esteban Duarte |Nicholas Comfort
Advertisement 1The European Commission is considering reducing the capital that insurers must hold against investments in asset-backed securities, part of a broader effort to revive a €1.2 trillion ($1.4 trillion) market that can finance areas like housing, energy, and defense.
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2 days ago | 
bloomberg.com | Esteban Duarte |Nicholas Comfort
The headquarters of the European Commission in Brussels, Belgium. (Bloomberg) -- The European Commission is considering reducing the capital that insurers must hold against investments in asset-backed securities, part of a broader effort to revive a €1.2 trillion ($1.4 trillion) market that can finance areas like housing, energy, and defense.
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3 days ago | 
bloomberg.com | Nicholas Comfort
Claudia Buch(Bloomberg) -- The European Central Bank’s top bank supervisor said the watchdog is pushing lenders to address shortcomings in how they manage risks from their dealings with direct lenders and buyout firms. The comments in a blog post by Supervisory Board Chair Claudia Buch confirm a Bloomberg report on Friday, which said the ECB is escalating its scrutiny of lenders’ exposures to private funds amid concerns that the fast ascent of related asset classes raises substantial new risks.
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6 days ago | 
bloomberg.com | Nicholas Comfort |Esteban Duarte |Claudia Cohen |Jorge Zuloaga
The European Central Bank is escalating its scrutiny of lenders’ exposures to private markets amid concerns that the fast ascent of related asset classes raises substantial new risks.
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1 week ago | 
bloomberg.com | Claudia Cohen |Jorge Zuloaga |Nicholas Comfort
Die Europäische Zentralbank verschärft ihre Prüfung der Engagements der Banken auf den privaten Märkten. Sie ist besorgt, dass der rasante Aufstieg der entsprechenden Anlageklassen erhebliche neue Risiken mit sich bringt. Wie aus informierten Kreisen verlautet, verschickt die Aufsichtsbehörde Führungskräften bestimmter Banken Schreiben, in denen diese vor Praktiken bei der Finanzierung privater Fonds gewarnt werden.
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1 week ago | 
bloomberg.com | Nicholas Comfort |Francine Lacqua
Lorenzo Bini Smaghi Photographer: Chris Ratcliffe/Bloomberg(Bloomberg) -- The European Union should consider whether tough new rules for banks’ trading operations are still warranted given the region wants to expand its capital markets, according to the chairman of one of the bloc’s largest securities firms.
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1 week ago | 
bloomberg.com | Nicholas Comfort
An employee checks a tank gear transmission at a manufacturing plant in Germany. (Bloomberg) -- Germany’s financial watchdog is urging asset managers to be transparent about adding defense holdings to funds marketed as sustainable, amid concerns a sudden rise in such positions may upset some clients. The guidance follows a decision by Germany’s investment lobby to update exclusion standards, opening the door to a considerable increase in defense allocations.
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2 weeks ago | 
news.bloombergtax.com | Michal Kubala |Nicholas Comfort
The European Union has decided to delay the application of tougher capital requirements for banks’ trading businesses as the bloc is concerned about the industry’s competitiveness. The regulation known as Fundamental Review of the Trading Book will be pushed back by one year to the start of 2027, a European Commission spokesperson said in response to questions from Bloomberg. It’s the second such delay.
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2 weeks ago | 
bloomberg.com | Nicholas Comfort
Wasser ist laut der Europäischen Zentralbank und Forschern der Universität Oxford zum größten naturbedingten Risiko für die Wirtschaft des Euroraums geworden. Allein die Verknappung des Oberflächenwassers gefährde fast 15% der Wirtschaftsleistung des Euroraums, sagte EZB-Direktoriumsmitglied Frank Elderson am Donnerstag. Die Landwirtschaft sei der am stärksten gefährdete Sektor, da sie durch einen Rückgang des Oberflächenwassers proportional die größten Produktionsverluste erleiden würde.
