· Verena Ross Wiki · European Securities and Markets Authority WikiVerena Ross' speech at the 6th Annual Capital Markets Seminar, 6 June 2024
Read full speech on esma.europa.eu ↗ContextEvening speech at the sixth Annual Capital Markets Seminar in Luxembourg; ESMA protects investors and keeps EU markets orderly, and wants stronger equity financing in Europe.
Why it mattersRoss argues that a stronger equity culture would reduce Europe's reliance on debt.
Problems raised
- Europe's funding ecosystem holds back innovation.
- Tech, energy and SMEs lack equity finance.
- EU firms rely too heavily on debt.
Solutions proposed
- Meet growing demand for ESG investments.
- Strengthen equity finance and an equity culture.
- Improve risk sharing through capital markets.