Events

With over 400 participants, the 2012 ECMI Annual Conference brought together international experts in capital markets from industry, policy making and academia for a full day of discussion in Brussels.

Investor protection is crucial to stimulate savings and investments and to promote sustainable economic growth.

The Greek debt restructuring in July 2011 raised questions around the complexity of derivative contracts and the potential implications of a credit event.

Financial market infrastructures are key promoters of competitiveness and market efficiency. Business models are currently striving to gather the best in-house technological expertise to minimise technological glitches under highly volatile market conditions and confront sweeping changes from upcoming regulatory overhaul in MiFID and EMIR.

Europe needs to look beyond the current legislative proposals to better protect investors. Beyond banning inducements for some advisers, regulation should address the incentives built into the remuneration of all sales personnel.

Given the complexity and insufficient transparency of service providers in financial markets, market discipline alone is insufficient to ensure their independence.

Invited by MEP Kay Swinburne, ECMI researchers met a group of MEPs during lunch at the European Parliament in Strasbourg to discuss informally ongoing regulatory reforms affecting market structure and investor protection.

Presented by the U.S. Securities and Exchange Commission and the European Capital Markets Institute.

Fresh perspectives open for asset managers as Europe seeks to reduce its historic reliance on banking and promote capital markets.