Press Releases

Law enforcement agencies from 26 countries, in collaboration with Europol, Eurojust, INTERPOL and several private industry partners, have once again joined forces to combat a key facilitator of money laundering: money mules and their recruiters. In June, October and November 2023, several operational phases identified 10 759 money mules and 474 recruiters, leading to the arrest of 1 013 individuals worldwide.

The Board of the European Banking Federation (EBF) met in Madrid on 24 November 2023.   It was the opportunity to reflect on the resilience built up over the last years, with a focus on recent advancements during the Spanish Presidency. It also allowed a discussion on the key areas where further progress is needed to enhance the competitiveness of the sector and the economy as a whole.

In an unprecedented initiative at national level, the Portuguese Banking Association (APB) and the main banks operating in Portugal will be travelling to schools from the north to the south of the country to promote financial literacy.

As part of the World Investor Week , which this year takes place from the 2nd to the 10th of October, the APB will promote another edition of the BANKING OPEN DAY, this year dedicated to the theme of digital finance.

The European Banking Federation (EBF) has today reacted to the results of the 2023 EU-wide stress test by the European Banking Authority (EBA). Despite a scenario combining severe recession and interest-rate rises, the results reaffirm the resilience of European banks and highlight the importance of a strong and profitable banking sector to support the economy.

The EBF notes the agreement reached by the Swedish Presidency of the EU with the European Parliament and the European Commission on the Banking Package, a core legislative piece that will transpose into EU law the Finalisation of Basel III as well as other prudential topics.