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Verena Ross' speech at ICMA AGM, 25 May 2023

· Verena Ross, Chair of the European Securities and Markets Authority (European Union)

Summary written by Dark Majestic in its own words · topics: inflation and price stability, financial stability, banking regulation and supervision, climate, energy and nature

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· Verena Ross Wiki · European Securities and Markets Authority WikiVerena Ross' speech at ICMA AGM, 25 May 2023

ContextSpeech at the ICMA annual general meeting at the Palais Brongniart in Paris; ESMA protects investors and keeps EU markets orderly amid high inflation and new technology risks.

Why it mattersRoss draws lessons from FTX for investor protection.

Problems raised
  1. High inflation and tighter conditions raise uncertainty.
  2. The energy crisis strains households.
  3. New technologies threaten investor protection.
Solutions proposed
  1. Monitor trends, risks and vulnerabilities.
  2. Learn from failures such as FTX.
  3. Adapt supervision to new challenges.
Read full speech on esma.europa.eu ↗

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