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Finance Watch

@financewatch.bsky.social
1.1K followers 924 following 328 posts

Finance Watch is an independent non-profit association dedicated to reforming finance in the interest of citizens. www.finance-watch.org

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Finance Watch @financewatch.bsky.social · 30/09/2026
Finance Watch and civil society organisations are sounding the alarm over the dangerous rise of social media scams. EU and national authorities must act now to enforce the Digital Services Act and the principle of safety by design.
finance-watch.org
Joint Letter – Ensuring a safe digital space now: tackling the growth of scams on social media platforms | Finance Watch
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Finance Watch @financewatch.bsky.social · 22/09/2026
Today, Finance Watch has launched its latest research report on how financial institutions and social media influencers mislead EU retail investors. Read it here: www.finance-watch.org/policy-porta...
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Finance Watch @financewatch.bsky.social · 16/09/2026
Insurance regulation must ensure capacity to absorb rising climate losses. Critically, insurers should also not be fueling the very risks they are meant to protect us from. Lastly, climate resilience starts before catastrophe strikes. That means massive investment in mitigation & adaptation! 3/3
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Finance Watch @financewatch.bsky.social · 16/09/2026
Our message to @vonderleyen.ec.europa.eu is this: a Climate Insurance Alliance can be useful. But the EU won’t be able to address the widening insurance gap without: 1️⃣ Universally accessible insurance coverage 2️⃣ Harmonised rules for public-private insurance schemes 3️⃣ A European backstop scheme 2/3
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Finance Watch @financewatch.bsky.social · 16/09/2026
At #SOTEU von der Leyen addressed the pressing challenge of the climate crisis & insurance gap in the face of rising climate costs. Today only around 25% of catastrophe losses in Europe are currently insured! And too often, the bill ends up with households, businesses, and ultimately taxpayers. 1/3
reuters.com
EU to launch climate insurance scheme after summer of extreme weather
The European Union will ‌create a "climate insurance alliance" to increase cover for extreme weather events, European Commission President Ursula von der Leyen said on Wednesday, as the bloc emerges f...
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Finance Watch @financewatch.bsky.social · 11/09/2026
🎯 Why it matters: when financial products are presented as sustainable, people need reliable information to understand what their money is actually supporting and make informed choices. 👇🔗 www.finance-watch.org/policy-porta... 🧵 6/6
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Finance Watch @financewatch.bsky.social · 11/09/2026
💼 Finance Watch is also calling for stronger safeguards for the proposed ESG Basics category and information people can understand and compare. 🧵 5/6
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Finance Watch @financewatch.bsky.social · 11/09/2026
💼 With the rules now being revised, Finance Watch is contributing through research, advocacy and engagement with policymakers, calling for clearer categories, stronger requirements to ensure that transition-focused products are backed by credible sustainability plans.
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Finance Watch @financewatch.bsky.social · 11/09/2026
Five years of the rules in practice have highlighted areas where the framework could be more effective, including clearer definitions, more meaningful product categories and a clear concept of transition. 🧵 3/6
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Finance Watch @financewatch.bsky.social · 11/09/2026
The EU introduced the Sustainable Finance Disclosure Regulation (SFDR) in 2021 to set rules for how financial institutions communicate the sustainability characteristics of their products. 🧵 2/6
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Finance Watch @financewatch.bsky.social · 11/09/2026
EU financial rules in 2026: what does “sustainable” really mean? When you choose an investment fund, pension product or another financial product labelled as sustainable, how can you know what that actually means? 🧵 1/6
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Finance Watch @financewatch.bsky.social · 03/09/2026
Calls from Europe's biggest banks to reduce equity are as much a plea to reduce long term investment as they are to boost short term profitability (at the expense of banks’ resilience & the risk of another bailout). This is not a strategy for sustainable economic growth. 2/2
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Finance Watch @financewatch.bsky.social · 03/09/2026
Europe needs more investment. But weakening the capital safeguards strengthened after the 2008 crisis is not the way to deliver it. @bloomberglp.bsky.social warns against "seeking to match the White House’s ambition in courting a banking crisis” in a bid to compete with the US. 1/2
bloomberg.com
Europe’s Banks Shouldn’t Race America Toward a Crisis
If the European Union wants to compete better with America, there’s a long list of policy options it can pursue. Seeking to match the White House’s ambition in courting a banking crisis shouldn’t be a...
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Finance Watch @financewatch.bsky.social · 01/09/2026
This summer, damage from climate is up to €19 billion! When insurance isn't prepared, that bill lands on taxpayers. We need a 3-tier safety net to better share the risk: 1️⃣ Ordinary insurance 2️⃣ National schemes 3️⃣ EU solidarity for the biggest disasters Read @ibuscke.bsky.social's piece👇
fr.de
Steigende Klimarisiken: Was passiert, wenn Versicherer sich zurückziehen?
Europas Versicherer können die steigenden Schäden durch Naturkatastrophen nicht mehr stemmen. Ein mehrstufiges System soll nun die Risiken zwischen Versicherern, Staaten und der EU verteilen.
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Finance Watch @financewatch.bsky.social · 28/08/2026
The next financial crisis isn’t inevitable if we choose differently. That’s why Finance Watch advocates for: 🛡️ Strong capital & liquidity safeguards 🌍 Prudential rules like Basel III 👀 Robust supervision that addresses systemic risks Read more via our analysis in Euractiv 👇 2/2
euractiv.com
Who still believes in the post-2008 financial crisis banking reforms? | Euractiv
18 years on from the largest financial crisis in living memory, the prudential lessons are being lost
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Finance Watch @financewatch.bsky.social · 28/08/2026
Finance is stuck in a political rollercoaster 🎢 💸Govts loosen rules & weaken supervision as credit expands 💥When the financial crisis hits, taxpayers pick up the bill 🏛️This leads to tighter rules & supervisory bodies 🎢 But protections can get delayed or rolled back once memory fades again 1/2
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Finance Watch @financewatch.bsky.social · 27/08/2026
🎯 Why it matters: financial risks can spread across the financial system, regardless of where they originate. 🔗 👇 www.finance-watch.org/policy-porta...
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Finance Watch @financewatch.bsky.social · 27/08/2026
More than half of global financial assets are now held outside regular banks. 💼 Finance Watch’s report “Systemic risk from shadow banking” mapped how stress in non-bank finance can spread to banks and the wider economy.
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Finance Watch @financewatch.bsky.social · 25/08/2026
🌍 The EU needs massive public investment in climate to protect people & economies! Without fiscal firepower at EU level, member states need more room to invest at the national level. Otherwise, intensifying climate impacts will cause more economic damage and even higher deficits in the future.
politico.eu
Europe must spend billions now or face mounting climate disaster costs, EU warns
A nightmare summer of fires, droughts and heatwaves should force governments to invest in climate proofing, says EU climate chief Wopke Hoekstra.
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Finance Watch @financewatch.bsky.social · 13/08/2026
At Finance Watch, we believe that conditionality, public directionality & prudential reform can help scale up climate investment to halt #uninsurability at its source. That would mean reducing climate risk, investing in resilience, and ensuring finance supports the transition. Read more 👇 2/2
finance-watch.org
Report – Breaking the spiral of uninsurable climate losses | Finance Watch
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Finance Watch @financewatch.bsky.social · 13/08/2026
Europe is burning & the climate bill is rising while the insurance gap is widening. As fires & droughts intensify, and more losses become too costly to insure, who pays? Right now, the bill is shifted onto households & taxpayers. Without policy action, the insurability crisis will only grow. 1/2
ft.com
European wildfire costs this year have already surpassed €3bn
Economic toll in worst-hit countries exceeds official estimate of costs to bloc in average year, according to FT analysis
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Finance Watch @financewatch.bsky.social · 13/08/2026
There's growing pressure in the EU to simplify banking rules. Our position: simpler rules, yes. Weaker safeguards, no. 🎯 Why it matters: strong banks are better able to keep lending to the real economy and absorb shocks without shifting losses to society. 🔗 www.finance-watch.org/policy-porta...
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Finance Watch @financewatch.bsky.social · 12/08/2026
The upcoming #DigitalFairnessAct is the EU's opportunity to protect consumers. Finance Watch is calling on the EU to: 💸 Ban finfluencer promotions of risky products 🕵️ Stop manipulative targeting practices 📈 Forbid discriminatory personalised pricing 🌚 Outlaw dark patterns Read more👇 2/2
finance-watch.org
Dark patterns explained: How to spot and avoid deceptive UX | Finance Watch
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Finance Watch @financewatch.bsky.social · 12/08/2026
Young people shouldn't have to navigate a digital environment too often designed to manipulate them into buying unsuitable financial products. That's why this #YouthDay, Finance Watch is calling for a safe & fair digital financial marketplace! 1/2
Digital finance should be fair by design
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Finance Watch @financewatch.bsky.social · 11/08/2026
🌱 Greener pensions 💶 Keeping cash alive 💳 A digital euro 🏦 Transparent banks ... kinda chic, if you ask us!
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Finance Watch @financewatch.bsky.social · 06/08/2026
A transition fund should finance a livable future! 🌍 Allowing fossil fuels as ‘transition’ investments would: ❌ Mislead investors ❌ Undermine trust in #SustainableFinance ❌ Delay the clean energy transition That’s why Finance Watch is calling to keep new fossil fuel projects out 👇
finance-watch.org
Europe must keep fossil fuel expansion out of transition funds | Finance Watch
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Finance Watch @financewatch.bsky.social · 05/08/2026
🎯 Why it matters: when climate risks are underestimated, the costs can reach households, businesses and the wider economy. Financial rules help ensure the system is better prepared to prevent shocks from becoming crises. 🔗 👇 www.finance-watch.org/policy-porta... 🧵 4/4
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Finance Watch @financewatch.bsky.social · 05/08/2026
💼 As part of its efforts to help prepare the financial system for future risks and structural change, Finance Watch published “Towards a climate-resilient banking sector”, proposing a tool to strengthen banks’ resilience to climate-related shocks. 🧵 3/4
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Finance Watch @financewatch.bsky.social · 05/08/2026
🌩️ In 2026, European and international authorities continued to recognise that climate-related risks can affect the financial system as a whole. 🧵 2/4
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Finance Watch @financewatch.bsky.social · 05/08/2026
📑 EU financial rules in 2026: climate risk Climate change is not only an environmental issue. It's also a financial stability issue. 🧵 1/4
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Finance Watch @financewatch.bsky.social · 31/07/2026
From shadow banking to climate risk, the digital euro to AI governance, the Finance Watch team and our members are sharing the latest perspectives on debates shaping the future of finance every day. Well worth a follow! 🔔
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Finance Watch @financewatch.bsky.social · 30/07/2026
Climate disasters are making more homes & businesses uninsurable. Now, costs are shifted onto households & taxpayers and people risk losing their homes & livelihoods. Breaking this cycle of insurability requires coordinated environmental, prudential, and fiscal reforms 👉 bit.ly/4vZyGE9
politico.eu
Climate change is turning parts of Europe into an insurance nightmare
Frequent, expensive natural disasters are testing Europe’s ability to protect itself against the cost of global warming.
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Finance Watch @financewatch.bsky.social · 28/07/2026
New #euros are on the way 💶✨ Cash is universal & available to all. But in the digital age, protecting cash isn’t enough. Now, most day-to-day payments in the EU are made without cash. That's why we advocate for universal access to cash & its digital equivalent, the #digitaleuro.
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Finance Watch @financewatch.bsky.social · 27/07/2026
🎯 Why it matters: digital payments should serve people and the public interest. 🔗👇 www.finance-watch.org/blog/the-dig... 🧵2/2
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Finance Watch @financewatch.bsky.social · 27/07/2026
The European Parliament has adopted its position on the digital euro. 💼 Finance Watch has advocated for free basic use, wide acceptance, easy access and stronger privacy protections. These issues are now part of the debate ahead of trilogue negotiations. 🧵1/2
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Finance Watch @financewatch.bsky.social · 27/07/2026
📢 We’re hiring a Grants Administration Intern in Brussels! Want to help finance serve society and the planet? Join Finance Watch and support our Operations & Projects team. 💼 Learn more & apply 👉 www.finance-watch.org/job/job-offe...
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Finance Watch @financewatch.bsky.social · 24/07/2026
📢 #JobAlert: We're hiring a (Senior) Research & Advocacy Officer – Public Finance! Work on EU fiscal rules, debt sustainability, climate risks, policy research and advocacy. 💼 Join us in Brussels to make finance serve society. Apply now 🔗 www.finance-watch.org/job/senior-r...
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Finance Watch @financewatch.bsky.social · 23/07/2026
📢 We’re hiring a Head of Operations & Finance in Brussels. Oversee finance, HR, grants, governance, compliance, IT, and internal operations. Send your CV & motivation letter to 📩 recruitment@finance-watch.org. Subject: Head of Operations & Finance - Vacancy www.finance-watch.org/job/job-offe...
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Finance Watch @financewatch.bsky.social · 07/07/2026
🚨 Traditional risk models are leaving the financial system driving blind. In our new report, Finance Watch proposes a science-based macroprudential buffer to protect banks from climate chaos and radical uncertainty. Read the full report: www.finance-watch.org/policy-porta... #safetransition
finance-watch.org
Report – Towards a climate-resilient banking sector | Finance Watch
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Finance Watch @financewatch.bsky.social · 03/07/2026
If only financial crises came with #heatwave alerts... 🥵 Extreme weather disrupts businesses, damages infrastructure, drives up insurance losses and puts pressure on the economy. The climate is changing. So should financial regulation!
6 tips to survive the next heatwave
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Finance Watch @financewatch.bsky.social · 01/07/2026
Last month, a small but historic win: member states can spend an extra 0.3% GDP on an ‘energy buffer’. It shows that: 🩵 Fiscal rules are political choices 🩵 If Europe can find fiscal space for #defence, it can do so for energy security, climate resilience, and ending our dependence on fossil fuels!
ft.com
EU to relax budget rules to allow energy spending
Proposed buffer would help governments offset higher costs triggered by Iran war without breaching deficit limits
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Finance Watch @financewatch.bsky.social · 30/06/2026
Alongside civil society including @triodosuk.bsky.social, @febeaethicalfin.bsky.social, & @germanwatch.bsky.social, we affirm that #simplification must not mean lower capital requirements, weaker buffers or a rollback of the safeguards introduced after the 2008 financial crisis. Read the letter 👇
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Finance Watch @financewatch.bsky.social · 25/06/2026
A historic step for Europe's monetary sovereignty! 🇪🇺 💶 The @europarl.europa.eu backed the #DigitalEuro, bringing public money into the digital age & reducing Europe’s dependence on foreign payment giants. That makes Europe’s payments more inclusive, sovereign & resilient.
euractiv.com
‘A historic day’: European Parliament backs digital euro | Euractiv
Supporters say scheme is crucial to reduce Europe's dependence on US payment providers
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Finance Watch @financewatch.bsky.social · 18/06/2026
🎉 Thank you to everyone who joined us for #FWConference2026! 15 years after Finance Watch was founded in the wake of the global financial crisis, the conversations in Brussels demonstrated that the need for robust, forward-looking financial regulation remains as important as ever.
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Finance Watch @financewatch.bsky.social · 10/06/2026
Maria Luís Albuquerque noted that EU banks stand in competition with their US peers, but warns against blindly following the US regulatory agenda: "We should look at our own capacity to compete (...) but it does not mean that we will follow the US in the race to the bottom." #FWConference2026
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Finance Watch @financewatch.bsky.social · 10/06/2026
"The financial sector does not exist for its own sake. It exists to be an intermediary - between those who have money and those who need money." - Maria Luís Albuquerque at the #FWConference2026
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Finance Watch @financewatch.bsky.social · 10/06/2026
Maria Luís Albuquerque states that the financial crisis exposed situations that were unsustainable to begin with. "We have made progress towards fixing the Banking Union, but fixing the sovereign-bank nexus remains one of the objectives of the #SIU." #FWConference2026
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Finance Watch @financewatch.bsky.social · 10/06/2026
Our secretary general @ibuscke.bsky.social joins commissioner for financial services and the savings & investments union Maria Luís Albuquerque for a fireside chat during the #FWConference2026 at the national bank of Belgium.
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Finance Watch @financewatch.bsky.social · 10/06/2026
Rebecca Christie reminds us that Europe was already deemed not compliant with #Basel. Responding to the current competitiveness mandate, she argues that "Europe needs strong & credible regulators that we can believe in - this will make the EU banking sector more competitive." #FWConference2026
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Finance Watch @financewatch.bsky.social · 10/06/2026
MEP Jonás Fernández from @socialistsanddemocrats.eu suggests to focus on the real economy & the lack of investable projects in Europe: "If we are not able to remove the fragmentation in the real economy, we will not be able to deploy savings productively." #FWConference2026
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