EU's Dombrovskis on Climate Change, MiFID II, Basel

The transcript covers the EU's action plan on sustainable finance, including defining green investments and adjusting capital requirements for banks. It discusses the challenges of implementing MiFID II and its potential impact on market participants. The conversation shifts to Brexit, exploring the possibility of a trade deal similar to the current EU-UK relationship. The EU's commitment to Basel III standards and the transitional arrangements until 2027 are also highlighted. Finally, the transcript addresses Bitcoin's speculative nature and its implications for financial stability.

What is the estimated annual financial gap to meet the Paris Agreement goals?

What measures are being considered to adjust capital requirements for banks involved in green and sustainable lending?

What are the potential consequences if EU Member States are late in adopting MiFID II?

How does the European Commission plan to ensure a smooth transition regarding the transposition of MiFID II?

What is the current status of negotiations regarding the UK's trading relationship with the EU post-Brexit?

What are the implications of the Basel Committee standards for banks in the EU?

What concerns does Bitcoin present regarding financial stability according to European supervisory authorities?