· Verena Ross Wiki · European Securities and Markets Authority WikiKeynote Speech - Verena Ross - Keeping on track in an evolving digital world
Read full speech on esma.europa.eu ↗ContextKeynote at Afore Consulting's sixth FinTech and Regulation Conference; ESMA protects investors and keeps EU markets orderly, and warns about unregulated crypto.
Why it mattersRoss notes that slick promotions often hide firms with no licence and no recourse for clients.
Problems raised
- Digital technology is changing finance radically.
- Aggressive marketing hides unregulated crypto firms.
- Investors have no protection when things go wrong.
Solutions proposed
- Keep supervision on track with digital change.
- Warn consumers about unregulated crypto.
- Balance innovation with investor protection.