Julia Symon

📢 #JobAlert: (Senior) Research & Advocacy Officer! Are you an expert in public finance, EU fiscal rules, debt sustainability and sustainability risks in macroeconomic analysis? Join us in Brussels📍to make finance serve society. Apply now 🔗 finance-watch.org/job/job-offer-…

Economic models ignore key risk drivers. To avoid a #climateminsky moment, prudential authorities can: ✅ Use qualitative #climatescenarios & reverse stress tests ✅ Apply stronger capital requirements for high-risk assets. Read our paper 👉 finance-watch.org/policy-portal/… #ClimateLTV

🚨@gdv_de FinanceTalk Replay: @JuliaSymon_ discusses insurers' crucial role in climate transition and what it means for #Solvency2 & #CSDDD transition plan requirements. Watch here 👇 gdv.de/gdv-en/events/…

[📊Report] Policymakers give in to lobby's pressure and backtrack on even the modest achievements of the #Basel3 agreement. Finance Watch urges EU and global policymakers to reaffirm their commitment to the Basel process, an essential tool against #financialcrises... 🧵1/2

@ArribaSellier Exciting work! Interested.

My first U.S. law review solo trial with... The Net-Zero Ledger: Accountability and Regulation of Corporate Climate Pledges. Let me know if interested 😇 #netzero #sustainablefinance #securitiesregulation #SECClimateRule #ISSB #CSRD #CS3D #corporatelaw #corporategovernance

FED's Chair Jerome Powell recognises that climate change is a risk to financial stability, but says #FED is not going to do anything about that as long as banks can manage the risk. The risk increasingly become unmanageable. Any conclusions?

@amperrault @federalreserve @RepCasten I wonder how the FED is going to make sure that "banks are able to manage the risk of climate change" given the scale it will reach. = effectively means FED will increasingly not be able to do its job & refusing to do anything to prevent that from happening.

The CMU debate has never been louder, but the proposals currently on the table fall short of creating a true single market for capital. To prevent the debate from going nowhere, the new @EU_Commission must push for ambitious and effective reforms🧵 delorscentre.eu/en/publication…

🥳💪Victory on the regulation of #ESG rating providers: Key recommendations pushed by @forfinancewatch are now European law. #ESGratings #SustainableFinanceEU #SusfinEU Explanations👇 finance-watch.org/blog/new-europ…

📢Read our new report! It’s a study of barriers to basic payment accounts in Germany, Spain & Romania with recommendations for updating #EU rules. Download “Breaking down barriers to basic payment accounts” today via the @forfinancewatch website 👇 finance-watch.org/policy-portal/…

"This is understandable, if typical, lobbying [..] But it comes as EU bank profitability (& share price perf.) has improved markedly [..] Dressing this up in strategic status, a non-existent designation with unclear benefits, just feels a little cuckoo" ft.com/content/1fb62a…

BREAKING — Parliament refuses discharge of the Council budget until European Council decided to support Ukraine with additional Patriot anti-missile systems !

"The challenge is more political than technical" #CMU looking forward to some good (? this is where the biggest job will be) old wine and new shiny bottles. ft.com/content/e77bc7…

Happy International Women’s Day from the @forfinancewatch team! #InspireInclusion #FinancialInclusionFriday #InternationalWomansDay

Open📨to @ecfin: We need pluralism in economic modelling. This also applies to models used in #ScenarioAnalyses by supervisors @NGFS_ @ESRBofficial @ecb @EBA_News @eiopa_europa_eu Read more on @EURACTIV👉 euractiv.com/section/econom… For solutions, read our #ClimateLTV report

Laut @boersenzeitung sollen Banken endlich einen Teil der von ihnen verursachten Schulden zahlen. Damit hätte die #Lobbyoffensive - insbesondere wohl von der Deutschen Bank - keinen Erfolg gehabt! Ein Sieg der Bürger*innen gegen die Finanzlobby!🧵👇 boersen-zeitung.de/banken-finanze…(€) \1

What should #EU finance ministers read before sitting down to dinner this evening to discuss the EU #fiscal rule?🤔 This opinion piece by our own @Lsuttors published this lunchtime in @euronews 👇👇👇 euronews.com/business/2023/… @germanyintheeu @RPFranceUE @eu2023es

A lot of calls to phase out #fossilfuels at #COP28 these days. How do we operationalize these calls in the domain of finance? A short run down and a reminder of the ever more essential need to complete the homework👇 finance-watch.org/cop28-5-reform…

With a lot of discussion of #climatechange #climaterisk in the public domain, yet very little talk & understanding on how flawed are models #IAM in use to understand economic consequences of climate change. They distort decisionmakers´ view of reality. A great piece by@Reuters

🔥Tomorrow EU policymakers discuss #sustainability in EU insurance regulation, #SolvencyII. With 18 other organisations, we're calling on the EU to make transition plans mandatory, so that insurers address their impact on both people & planet🌏 shareaction.org/policies/trans…