EBF's Mijs on Enria, Brexit, Banking Consolidation

EBF's Mijs on Enria, Brexit, Banking Consolidation

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video features a discussion with the European Banking Federation's chief executive on the challenges banks face due to Brexit, including the need for contingency plans and proper licensing. It highlights the importance of coordination between the Bank of England, the ECB, and other authorities to prevent disruptions. The conversation also touches on the potential for EU bank consolidation and the ongoing debate about risk sharing in the euro area, emphasizing the political nature of these issues.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main concerns banks have regarding Brexit?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How are banks preparing for the potential impacts of Brexit?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does the European Banking Federation play in the context of Brexit?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the licenses for banks operating in the EU post-Brexit?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the challenges related to risk sharing in the euro area as discussed in the text?

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