NFU News
Transparency in banking supervision is going backwards
In 2013, Bruegel conducted a study on transparency in national supervision of banks in EU. This year, the authors revisited the study to investigate if the situation has changed.
The result of the survey, which looks to data disclosures by national bank supervisors in the European Union, concludes that the level of transparency at national level has actually worsened. The transparency level has changed for only five member states, of which four have become less transparent.
Read the full post from Bruegel here.
Related news
| NFU News
In a historic move, trade unions and the banking sector in the EU signed a joint declaration in Brussels yesterday, May 14th. This declaration empowers workers to have a seat at the bargaining table in every stage of artificial intelligence's decision-making and implementation process.
Read more
| NFU News
In the wake of the upcoming European Parliament election scheduled for 6-9 June, the need for candidates who persistently uphold democratic values has never been more pronounced. Recognising the gravity of this electoral moment, Nordic Financial Unions, in collaboration with its partners, embarked on a mission to highlight and raise awareness surrounding the EU elections.
Read more
| NFU News
Yesterday, in a pivotal decision, the European Parliament approved the Corporate Sustainability Due Diligence Directive (CSDDD), advancing corporate accountability for human rights and environmental impacts. NFU views this directive as an important step forward, albeit a compromised one.
Read more