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FTSE Mondo Visione Exchanges Index:

New Head Of Regulatory Affairs At Federation Of European Securities Exchanges

Date 09/02/2006

Ms Burçak Inel joined the Federation of European Securities Exchanges as Head of Regulatory Affairs on 1st November 2005.

Her responsibilities within the Secretariat (amongst other things) include the Markets in Financial Instruments Directive, clearing & settlement of securities, the Prospectus Directive, the Market Abuse Directive, Transparency Obligations Directive, and cross-sectoral issues such as the Lamfalussy process.

Prior to joining FESE, Burçak was the Financial Markets Adviser of the European Banking Federation (FBE). Her work covered EU regulatory process for financial markets, primary and secondary markets legislation, market integrity and investor protection rules, and clearing and settlement of securities.