Steven Maijoor, ESMA Chair, delivered a keynote speech at CNMV Conference La Nueva Financiera Regulacion in Madrid. His speech focused on the ESAs role in financial consumer protection:
Exerpt
"The three European Supervisory Authorities (ESAs) – the European Securities and Markets Authority (ESMA), the European Banking Authority (EBA) and the European Insurance and Occupational Pensions Authority (EIOPA) – work on improving consumer protection by contributing to a higher degree of regulatory and supervisory convergence across EU financial markets and securing cross-border coordination. We do this primarily by enhancing investor protection when creating the single rulebook for EU financial markets, but also by more direct measures such as issuing EU-wide investor warnings.
Indeed, ESMA plays a key role in the completion of EU financial markets legislation developed by the European Commission, the European Parliament and the Council of the European Union. Two legislative acts are currently high on our agenda in this respect – and I guess also high on the agenda of many people in the audience here today – that I must speak about them: PRIIPs and the MiFID review."
2014/1265 Speech
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Steven Maijoor, ESMA Chair, Delivers Keynote Speech At CNMV Conference La Nueva Financiera Regulacion In Madrid
Date 15/10/2014