EBF PAPER, September 2024

EBF Paper: Open Strategic Autonomy & Market Access

EXECUTIVE SUMMARY

We publish this paper with the hope of contributing the European banking sector’s view to an important public discussion around OSA and market access.

We start by recognizing that, despite the explicit inclusion of financial services in these discussions, there still remain a number of important questions that are unclear.

Without claiming to resolve all open questions, we set out to provide high-level answers to two key questions:

• What is the role of banks in the OSA debate and what is the optimal contribution of the European banking sector to the EU’s OSA goals? To what extent is a sector-specific approach needed? (Section 2)
• Which policies would boost the banking sector’s contribution to the EU’s goals in relation to OSA? (Section 3)

Read the full paper here.

For more information:

Sébastien de Brouwer – Deputy Chief Executive Officer, s.debrouwer@ebf.eu

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About the EBF:

The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe. The EBF is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere.