30 January 2023 - 2 min Reading time
In the first half of 2024, Belgium will assume the role of President of the Council of the European Union. For 6 months, different administrations will play a leading role in European decision-making. While the Presidency of the Council should act as an honest mediator, it can set certain priorities and leave its mark on the negotiations. Belgium will be able to renew its reputation as a compromise negotiator.
Febelfin will publish its recommendations for the Belgian presidency. With this document, the financial sector hopes to express its priorities and to share its knowledge on specific technical dossiers. We also put forward some suggestions for improving the quality of European legislation.
Febelfin advocates a legislative framework that allows banks to meet the needs of European companies and individuals and can also be a driving force in the transition to a more sustainable society. This is only possible through targeted policies that enable the financing of a greener future, foster innovation and deliver growth for the economy and businesses.
Febelfin calls on policymakers to approach each file with sufficient knowledge of the full context and the impact for all stakeholders. In doing so, it is important to always strive for as level a playing field as possible, to take into account the diversified banking landscape in Belgium and the competitiveness of our banks and companies at European and international level. Only in this way can the European financial sector remain at the forefront of innovation and sustainability, put the customer first and respond to the needs of society.
Febelfin is a partner for the Belgian presidency and looks forward to providing constructive input and entering into a dialogue with all stakeholders involved.