Today, Steven Maijoor, Chair of the European Securities and Markets Authority (ESMA), addressed representatives from EU institutions, supervisors and other stakeholders at the ESMA 10th Anniversary Conference – inspiring confidence in Europe’s financial markets.
Mr. Maijoor’s speech covered the early expectations for ESMA in 2011, and the areas in which ESMA has progressively strengthened its role within the European and international regulatory community. In addition, he underlined a forward-looking message based on the confidence that Europe’s financial markets are better supported by an effective regulatory and supervisory system to face crisis situations.
ESMA will achieve this through assessing risks to investors, markets and financial stability, completing the single rulebook, promoting supervisory convergence and the execution of its direct supervisory mandates.
The speech closed a landmark event for ESMA, following an afternoon which focused on ESMA’s achievements, and its contribution towards investor protection and orderly and stable financial markets, but also, importantly, on the future of European capital markets.
More information on the event and speakers here.
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