EU companies don’t have enough access to financing to in the EU. That’s why we need the Capital Markets Union.
We need to take advantage of the political momentum on
#CMU
and take difficult decisions that will pay off over the long term.
🗞️My
@FT
oped:
The right to be forgotten helps cancer survivors access financial services as they return to normal life.
An EU code of conduct for the financial sector on
#RightToBeForgotten
could make a real difference for cancer survivors.
My speech ⬇️
#EUCancerPlan
Back with EU finance ministers today with some key points on the agenda:
🇺🇦 How we are stepping up work on effective implementation of sanctions in support of Ukraine
📚 Boosting financial literacy across all 27 Member States
#ECOFIN
This morning I caught up with
@memetsimsek
, Türkiye’s Minister of Treasury and Finance, on his visit to Brussels.
We talked about the importance of strong cooperation between the EU and Türkiye 🇪🇺🤝🇹🇷
#Dublin
's Samuel Beckett Bridge was lit up last night in celebration of this day 20 years ago when 10 new countries became part of our European 🇪🇺 family: 🇨🇾 🇨🇿 🇪🇪 🇭🇺 🇱🇻 🇱🇹 🇲🇹 🇵🇱 🇸🇰 🇸🇮 👇
Ireland 🇮🇪 was proud to host the official Ceremony of Welcomes.
#20YearsTogether
🌟Check out the new Finance News Hub – where you can keep up to date with all the latest
@EU_Finance
news on digital & sustainable finance, banking, capital markets union, sanctions and much more!
#FinanceNewsHub
🧵 1/3
➡️
In her
#EuroAmericanCancerForum2024
keynote address today, Mairead McGuinness, European Commissioner for Financial Stability, Financial Services and the Capital Markets Union, discussed the right to be forgotten and the need to stop financial discrimination against cancer
Great news from
@Europarl_EN
!
The final elements of the ambitious package on AML/CFT are now agreed by co-legislators. The new AML rules will change the EU’s financial crime prevention landscape for good. But what will change in practice?
👇🏾👇🏾👇🏾
#EUstopsdirtymoney
#AML
🚨Today marks a significant day for the European Union’s ongoing fight against financial crime.
MEPs have approved reforms to EU rules to counter money laundering, including setting up a new Anti-Money Laundering Authority.
#AML
#AMLA
‼️Just adopted: landmark laws on fighting money-laundering
#AML
& terrorist financing
#CFT
.
➡️Better access to key information
➡️Limit on cash payments 💶10 000
➡️Due diligence applies to football clubs from 2029
➡️
#AMLA
to oversee risky entities
📄More:
Commissioner
@McGuinnessEU
delivers a message on: the role of integration and innovation in the European retail payments market, digital euro, and the Commission’s fight against discrimination and fraud in payments. Read her full address:
Really pleased to meet with Chair
@itinagli
& coordinators of
@EP_Economics
at the last plenary session before 🇪🇺 elections.
A lot of good work together in the 9th parliamentary term.
A big thank you to Committee members & to Parliament & Commission staff that make it happen.
As the IMF-World Bank Spring Meetings come to a close, these in-person engagements are hugely valuable.
A broad range of topics covered including banking regulation, AML, digital finance, AI and financial stability.
Great to meet with Jerome Powell, Chair of the
@federalreserve
.
We spoke about common challenges in banking regulation and financial stability in the current climate.
Today
@Harvard_Law
🇪🇺🇺🇸 Symposium I spoke about the digital future of finance & the future of digital finance.
Innovations - digital currencies, AI & DLT are transforming the financial system – bringing benefits & some risks. The EU works to harness innovation & mitigate risks.
Great to meet with
@GaryGensler
, Chair of
@SECGov
this morning.
We exchanged on a number of topics of mutual interest, including climate disclosures and the US move to T+1
Always a pleasure to sit down with the straight talking
@DennisKelleher
, President of
@BetterMarkets
.
We share the objective of consumer-focused financial regulation - good to discuss retail investment, transparency and fair consumer advice.
Earlier today I spoke with
@cnbcKaren
on
@CNBCi
in Washington, D.C. - we talked EU competitiveness and delivering CMU and a digital euro to complement cash. Watch back here ⤵️