Lunchtime events

In today's rapidly evolving global landscape, geo-economics and the risks of economic fragmentation have become central to the debate.

The fissures in banking markets have renewed interest in the regulatory approaches over the last few months.

After Brexit the UK financial industry will lose access to the Single Market under the EU passport regime. To what extent can equivalence replace the passport after Brexit?

With an outstanding volume of about €2.1 trillion, covered bonds rank high among the main funding sources for EU banks. These specialised debt securities provide banks with attractive funding for the financing of mortgages and public authorities in many EU member states. Due to overcollateralisation, covered bonds are relatively cheap and have a longer maturity. In turn, they are also an appealing investment class for risk-averse investors (including other banks), as long as the collateral is of sufficient quality and the amount is large enough.