28 April | Euro

ECB launches project group for simplification of banking regulation

ECB launches project group for simplification of banking regulation

European Central Bank (ECB) convened a new project group led by central bank governors of Germany, France, Italy, and Finland. The main aim was to simplify banking regulation amid current concerns about the economy's lack of efficiency, following the imposition of new tariffs from US president Donald Trump's administration.

The launching of a task force followed the controversial letter of the governors to the European Commission earlier this year. This letter directly referred to the need for a “comprehensive assessment” of European banking regulations to ensure a “level playing field” with other major jurisdictions.

The terms of reference and any timeframes for the project team remain unknown. The ECB has previously begun simplifying its operations, including the approval of bank capital models. At the same time, the European Banking Authority has been active in transposing regulations and has said it has made “significant progress” in simplifying standards. The EU has also moved the timeline for reviewing its banking system from 2028 to 2026.

Anton Volkov MarketCheese
Gold buy
Period: 15.09.2025 Expectation: 18000 pips
Gold targets $3,700 amid Fed rate cut expectations and rising central bank demand
Today at 10:58 AM 98
Period: 30.11.2025 Expectation: 580 pips
Buying AUDUSD on Australian GDP growth and RBA rate hold prospects
Today at 09:31 AM 86
Period: 17.09.2025 Expectation: 1000 pips
US inflation data could trigger S&P 500 pullback to $6,430
Today at 09:22 AM 77
Period: 15.09.2025 Expectation: 1810 pips
Silver is correcting within uptrend
Today at 08:45 AM 79
Brent sell
Period: 31.10.2025 Expectation: 500 pips
Selling Brent down to $63.5 per barrel
Today at 06:24 AM 82
Brent sell
Period: 15.09.2025 Expectation: 100 pips
Selling Brent down to $66.10 per barrel
05 September 2025 320
Go to forecasts