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Verena Ross' speech at Consob conference: “The New Frontiers of Digital Finance”, 10 March 2023

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

Summary written by Dark Majestic in its own words · topics: financial stability, growth, investment and productivity, technology, ai and cyber risk

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· Verena Ross Wiki · European Securities and Markets Authority WikiVerena Ross' speech at Consob conference: “The New Frontiers of Digital Finance”, 10 March 2023

ContextSpeech at the Consob conference in Rome on the new frontiers of digital finance; ESMA protects investors and keeps EU markets orderly, and faces growing cyber risks.

Why it mattersRoss warns that cyberattacks grow as finance goes online.

Problems raised
  1. Digital finance pushes into new territory.
  2. Cyber threats to the financial sector are growing.
  3. Benefits come with new risks.
Solutions proposed
  1. Secure the digital finance frontier.
  2. Strengthen cyber resilience.
  3. Balance innovation with protection.
Read full speech on esma.europa.eu ↗

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