European Committee For Banking Standards

	European Committee For Banking Standards The European Committee for Banking Standards (ECBS) was formed in December 1992 by leading European Banking Federation, European banking associations to enhance the European technical banking infrastructure by developing standards. In 2006 its functions were taken over by the European Payments Council and the committee was disbanded. Its website is now maintained by an independent group the European Banking Resources. References Financial regulation Regulation in the European Union {{Europe-bank-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	European Banking Federation The European Banking Federation is a trade association representing national banking associations in countries of the European Union and the European Free Trade Association. It represents over 3500 banks and about 2.6 million employees. It was established in 1960. Members In November 2022 the members were: Austria - The Austrian Bankers' Association Belgium - Febelfin Bulgaria - Association of Banks in Bulgaria Croatia - Croatian Banking Association Cyprus - Association of Cyprus Commercial Banks Czech Republic - Czech Banking Association Denmark - Finance Denmark - FD Estonia - The Estonian Banking Association Finland - The Federation of Finnish Financial Services France - French Banking Federation Germany - Bundesverband deutscher Banken Greece - The Hellenic Bank Association Hungary - The Hungarian Banking Association Iceland - Icelandic Financial Services Association Ireland - Irish Banking Federation Italy - Italian Banking Association Latvia - As ... [...More Info...] [...Related Items...] OR:* [Wikipedia] [Google] [Baidu]
picture info	European Payments Council The Single Euro Payments Area (SEPA) is a payment-integration initiative of the European Union for simplification of bank transfers denominated in euro. , there were 36 members in SEPA, consisting of the 27 member states of the European Union, the four member states of the European Free Trade Association (Iceland, Liechtenstein, Norway and Switzerland), and the United Kingdom. Some microstates participate in the technical schemes: Andorra, Monaco, San Marino, and Vatican City. SEPA covers predominantly normal bank transfers. Payment methods which have additional optional features or services, such as mobile phone or smart card payment systems, are not directly covered. However, the instant SEPA payment scheme facilitates payment products also on smart devices. Goals The aim of SEPA is to improve the efficiency of cross-border payments and turn the previously fragmented national markets for euro payments into a single domestic one. SEPA enables customers to make cashless eu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
picture info	Financial Regulation Financial regulation is a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the stability and integrity of the financial system. This may be handled by either a government or non-government organization. Financial regulation has also influenced the structure of banking sectors by increasing the variety of financial products available. Financial regulation forms one of three legal categories which constitutes the content of financial law, the other two being market practices and case law. History In the early modern period, the Dutch were the pioneers in financial regulation. The first recorded ban (regulation) on short selling was enacted by the Dutch authorities as early as 1610. Aims of regulation The objectives of financial regulators are usually: * market confidence – to maintain confidence in the financial system * financial stability – contributing to the protection and e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]