Financial Compliance

Speech on Banking Union Achievements and Future

SRB Chair Dominique Laboureix delivered a speech on December 12, 2025, discussing the achievements of the Banking Union's Single Resolution Mechanism over its first decade. The speech highlighted the development of the resolution framework and outlined areas for future work to complete the Banking Union.

Capital and Resolution Stacks Simplification Blog Post

A blog post by a Single Resolution Board Board Member discusses the complexity of banks' capital and resolution stacks. It explores potential simplification paths, emphasizing that changes should align with the going-concern regime rather than being standalone recalibrations.

Autorité de la concurrence Sanctions BTP Sud for Unfair Trading Conditions

The Autorité de la concurrence has sanctioned BTP Sud with a fine of €148,094 for abusing its dominant position in the aggregates supply market in Wallis and Futuna. BTP Sud imposed unfair trading conditions on the Administration Supérieure du Territoire, including refusing to sell and imposing unjustified price increases.

Pascal Lagrue Appointed to French Competition Authority Board

The French Competition Authority announced the appointment of Pascal Lagrue to its Board, effective March 2, 2026. Lagrue brings experience from trade union and consumer association roles.

Autorité recommends French government create offices for 261 new notaries

The Autorité de la concurrence recommends the French government create 261 new notary offices between 2026 and 2031. This recommendation is based on an analysis of supply and demand within the notary profession, considering recent trends in private and salaried notaries and the profession's economic performance.

Autorité de la concurrence Guidance on ReUse Project for Food Packaging Deposit Scheme

The Autorité de la concurrence has published informal guidance on the ReUse project, a proposed standardized deposit-return scheme for food packaging in France. The guidance addresses competition law concerns related to eco-organizations, service providers, and cost allocation within the scheme.

Autorité de la concurrence Inspects Private Passenger Transport Sector

The Autorité de la concurrence has conducted an unannounced inspection of a company in the private passenger transport sector suspected of anticompetitive practices. This action does not prejudge guilt but initiates an investigation into alleged violations.

Banca d'Italia: Expert Assessment in Credit Rating System

The Bank of Italy has published an analysis (N. 79) detailing recent methodological improvements to its internal credit rating system for non-financial companies (ICAS). The study, based on over 25,000 expert assessments from 2016-2022, highlights how expert judgment, including climate and sector risk analysis, significantly enhances rating predictive power and stability during economic stress.

AI and US Economy: Accounting Perspective on Investment and Production

The Bank of Italy has published a paper analyzing the impact of Artificial Intelligence (AI) infrastructure investments on the US economy. The paper details how AI investments, particularly in data centers, have supported aggregate demand in the US and discusses the global supply chain for AI components.

AI Adoption Impact on Italian Firms' Productivity and Profitability

Banca d'Italia published a paper analyzing the economic impact of AI adoption on Italian firms. The study found that AI adoption increases productivity and profitability, leading to a reallocation towards more qualified roles without negative overall employment effects.