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Open and responsible lobbyist

Banks and finance

EBF letter calls for European measures to face COVID-19 outbreak

Published

FINANCE FINLAND

The European Banking Federation appeals for the leadership of European institutions to take swift action to mitigate the economic effects of the coronavirus. 

EBF banks ask regulators and supervisors for assistance to be able to work constructively with borrowers and other customers in affected communities, which will require flexibility to stem the regulatory-enforced barriers to finance borrowers in temporary struggle.

The European banking system is fully committed to sustaining its support of the European economy during times of economic plight, helping citizens and businesses endure adverse situations without major disruption to their financing needs. To be truly effective, this endeavour will require close and intense coordination between public authorities and banks. In the opinion of the EBF, it is the joint responsibility of European authorities, regulators, supervisors and banks, to quickly adopt a series of measures needed to neutralize the effects of the COVID-19 on the economy.

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Director of the Financial and Prudential Regulation Team, Member of the Management Team. Banks, macroprudential policy, corporate finance, national economy

Veli-Matti Mattila

Director, Chief Economist

+358 50 344 3437
In my role as Director, I oversee the Financial and Prudential Regulation team. The team's responsibilities encompass regulation on the capital adequacy, liquidity, resolution, financial reporting, accounting and supervisory reporting of banks and insurers. I also serve as Chief Economist.

Basel III, bank solvency and macroprudential tools, bank and insurance company resolution, macroprudence, mortgage banks

Olli Salmi

Head of Banking Regulation

+358 40 723 0450
I am currently in charge of matters related to the overall framework of solvency and resolution regulation, as well as for drafting positions on relevant legislative proposals and draft regulations.