NFU News

UNI Europa Finance and ESBG agree on common message

UNI Europa Finance and the European Savings and Retail Banking Group (ESBG) have published a joint statement outlining three pillars which existing and upcoming financial regulation should take into account.

The statement calls for diversity in the banking sector to be preserved, in order to ensure proper access for different customers to financial services suiting their needs. It furthermore outlines the need for the restrictions in the Basel III framework to be loosened with regards to smaller banks, as they are suffering under the extra requirements brought on by the current model.

Finally, the statement also calls for financial advice to continue to be affordable and personal regardless of developments in digitalisation, as employees in local banks continue to be the best situated to judge each customer’s needs and possibilities.

Read the full statement on UNI’s website here.

Related news

2020.02.11 | NFU News
11 februari, 2020

NFU seeks General Secretary

Are you a proactive and visionary leader with a strong commitment to trade union values? Do you thrive in a fast-paced and professional international setting? Then you might be the one we are looking for to be the next General Secretary for Nordic Financial Unions.
Read more