Banking regulation Working for stricter rules and fairer practices to ensure financial markets serve people and planet, not the other way around

14 September 2016

European Commission President Jean-Claude Juncker today reaffirmed his commitment to CETA – the EU-Canada trade deal – calling it as "the best and most progressive agreement that we have ever entered into."

6 July 2016

Reacting to European Commission Vice-President Valdis Dombrovskis' hearing this morning in the European Parliament regarding his assuming the portfolio for Financial Stability, Financial Services and the Capital Markets Union, Friends of the Earth Europe accountable finance campaigner Anne van Schaik said:

Banks play a fundamental role in allocating financial resources – by providing credit and re-investing deposits. Too often, however, banks do not adequately assess the social or environmental risks of their financial products or the businesses they finance. De-regulation over the last few decades has played a large part in the instability and destructive nature of today's financial system.

 

Friends of the Earth Europe campaigns for stricter rules and fairer practices, to transform a broken banking system into truly sustainable finance. 

For enquiries please contact:

  • Anne van Schaik