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Verena Ross' ECON Opening Statement, 29 June 2023 - Retail Investment Strategy

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

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· Verena Ross Wiki · European Securities and Markets Authority WikiVerena Ross' ECON Opening Statement, 29 June 2023 - Retail Investment Strategy

ContextOpening statement to the European Parliament's ECON Committee on the retail investment strategy; ESMA protects investors and keeps EU markets orderly, and advises on new retail rules.

Why it mattersRoss argues that regulation alone cannot change Europe's retail investment culture.

Problems raised
  1. Retail investors lack trust in capital markets.
  2. Retail participation is low.
  3. Regulation alone cannot change investment culture.
Solutions proposed
  1. Put retail investors at the centre of reform.
  2. Protect investors throughout their journey.
  3. Improve financial education with several actors.
Read full speech on esma.europa.eu ↗

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