A ROUND TABLE ORGANISATION OF CHAIRMEN AND CHIEF EXECUTIVES OF EUROPE'S LEADING BANKS AND INSURANCE COMPANIES

24 November 2025

The EFR supports the European Commission's Digital Omnibus package addressing the fact that there is too much complexity, and that red tape has to be cut. The package offers a timely and valuable opportunity to implement targeted reforms that will enhance EU competitiveness. To increase competitiveness and legal certainty, the simplification process should ensure the alignment of regulatory and supervisory requirements.

31 October 2025

Member States need to take decisive action on the EC’s proposals for a blueprint for a Savings and Investment Account / Product. The success depends on achieving the right structural design and aligning incentives to fosters long-term financial security for citizens, while deepening the EU capital market. The decisive factor is the establishment of a favourable and predictable tax treatment.

20 October 2025

The EFR reaffirms its support to the review of the securisation framework. The EC proposals for capital requirements, due diligence and transparency are steps in the right direction. The EFR emphasises that further improvements will be necessary during the legislative process to enable the EU securitisation market to develop its full and true potential.

04 July 2025

The Omnibus Simplification Package is a significant step towards the EC’s commitments to reduce administrative burden by 25%, to enhance the efficiency and the competitiveness of businesses, while making the sustainable agenda more feasible in practical terms. Consistency in the sustainability rulebook between reporting requirements on the real economy and financial institutions is essential for an overall efficient rulebook.