Stock market © Fotolia/Udo Kroener

Why balance is more important than ever for financial markets

The world has never been more interconnected. But the idea that this makes the job of national governments less important is a myth. On the contrary, financial markets are extremely important, especially for the industrial sector. And policymakers must ensure that they function well.

EU on Sustainable Finance: Unanswered questions remain

Regulatory fragmentation costs more than 600 billion euros annually

EU banking structural reform: intervention by BDI and MEDEF

Provide regulatory relief for high-quality securitisations

MiFID II endangers energy and raw materials security

Retain the EMIR exemption for risk mitigating derivatives

Industrial enterprises are not shadow banks


Financial market regulation

Companies are investing more and more in digitisation

- After having become salient in the public discussion in recent years, the subject of digitisation extends its reach to companies. This is the result of a poll conducted by the KfW, the BDI and other federations with about 2,200 companies. According to the study, more than half of the companies... more
Financial market regulation

Risk hedging: adjustments of EMIR are necessary

- The revision of the European Market Infrastructure Regulation (EMIR) has been discussed in trialogue between the European Commission, the European Parliament and the Council. The positions of the three institutions consider important claims of the real economy. However, there are some points not yet... more
Financial market regulation

Basel IV agreement holds mixed results

- In December 2017, a political agreement about the Basel IV package was reached. Harmonising global rules diminishes risks and contributes to more integrated capital markets. Likewise, the access to finance for the real economy must be ensured in the implementation process, particularly for... more
Financial market regulation

Substantial clarifications on PRIIPs regulation still needed

- From a business perspective, the exemption of corporate bonds with common and well-established standards clauses from PRIIPs (Packaged Retail and Insurance-based Investment Products) is particularly important. On the national and European level, uncertainty about the interpretation of the regulation... more