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Ladies and Gentlemen,
I am very pleased to have been invited by AIMA to give a keynote speech at this event. I think this is an excellent opportunity to provide you with some thoughts on the outlook for the asset management sector from a supervisory perspective. Of course this comes at extremely challenging times for all of our lives and the challenges go well beyond the financial sector.
The events linked to the pandemic that spread across the globe since the beginning of this year are a game changer for most of us and it is crucial to reflect on the recent experience also from a more narrow regulatory perspective and specifically in the asset management sector. Steven Maijoor, the Chair of ESMA, has last week spoken about some of the lessons to be learned from the crisis. Giving attention to these topics should ,however, not come at the cost of neglecting other very important developments that are occurring in the asset management sector.
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