ECB updates Eurosystem collateral and haircut rules
New rules will use second-best ratings for private assets and revise collateral haircuts from 30 November.
European Central Bank
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1,262 storiesGlobal energy and resource news — Page 66
International developments in energy, oil, natural gas, water, geothermal and mining, with related commodity, trade and market analysis linked to primary sources. Page 66
England allocates £91 million to modernise services in 14 councils
The two-year fund targets costly services in authorities already receiving Exceptional Financial Support.
Ministry of Housing, Communities and Local Government
England gives mayors power to introduce an overnight visitor levy
The charge must be linked to accommodation cost, and eligible local leaders can decide whether to use it.
Ministry of Housing, Communities and Local Government
ESMA sets 2027 priorities for EU capital markets
The work programme includes clearing resilience, T+1 settlement preparation, investor protection and supervisory technology.
European Securities and Markets Authority
ESMA says investor optimism masks EU market vulnerabilities
The regulator warns that elevated technology valuations and geopolitical strain could leave markets exposed to a sudden correction.
European Securities and Markets Authority
Commission report examines spending quality and fiscal governance across the EU
The 2026 EMU public-finances report reviews fiscal surveillance and examines expenditure, revenue, pensions, investment management and climate risks.
European Commission, Directorate-General for Economic and Financial Affairs
EU supervisors flag external dependencies, cyber and private-credit risks
The ESAs cite non-EU infrastructure reliance, AI-linked cyber threats and private-credit opacity as vulnerabilities.
European Banking Authority
EU opens consultation on VAT rules for circular business models
The Commission is seeking views on second-hand goods, destruction of viable goods and VAT deductions for business passenger cars.
European Commission, Directorate-General for Taxation and Customs Union
Euro area services output falls 0.3% in June
Eurostat says services production eased month on month in June, while remaining above its year-earlier level.
Eurostat
Fed finalises changes to bank stress-test transparency
Two final rules change disclosure and reduce volatility in stress-test capital requirements; the Board also seeks comment on fee-income modelling.
Federal Reserve Board
Fed seeks comment on rules for supervised payment-stablecoin issuers
Proposals cover reserve backing, capital, risk management, custody and the application process under the GENIUS Act.
Federal Reserve Board
G20 finance leaders put tax policy, sovereign debt and global imbalances on agenda
The chair’s statement asks the OECD to study how tax systems affect business dynamism and the IMF to deepen scenario analysis.
U.S. Department of the Treasury, G20 Presidency
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