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Since its inception in 1960, the Federation has constantly maintained an ongoing dialogue with the European institutions, with the aim of ensuring that the experience and the views of banks are taken into consideration in the shaping of relevant policies. The FBE has played a crucial role in the European consultation process over the last four decades.
Furthermore, the role of the Federation as the united voice of all EU banks has naturally led it to be a forum where members' initiatives are proposed and debated. Meetings are arranged on matters of concern to the whole European banking sector, specialised Working Groups and Committees analyse specific questions and propose solutions, leading to the publication of reports or position papers.

Finally, the role of the Federation is by no means limited to European matters. It extends to broader issues of importance to all European banks vis-à-vis their counterparts and supervisory authorities throughout the world.

Consolidated supervision, though not the
perfect solution, could be the model that
will help international banks in Europe deal
with the growing complexity of financial
institutions, says Michel Pébereau,
President
of the European Banking Federation.
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The Markets in Financial Instruments Directive Represent one of the most fundamental changes ever seen in any major financial market, yet the industry is still not fully prepared for its impact. However, banks are starting to look at the post-implementation benefits MiFID may bring. Guido Ravoet, Secretary General of the European Banking Federation talks costs and benefits with Jim Banks
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