Ex-lawmaker Bowles: EU Priorities, Lessons Learned from Financial Crisis (Video)
Financial regulation in Europe, major lessons learned since the 2008 financial crisis, and current European Parliament (EP) priorities are among the topics discussed in this edition of Policy Perspectives, hosted by CFA Institute head of regulatory outreach for the Europe, Middle East, and Africa (EMEA) region Josina Kamerling. She interviews Sharon Bowles, nonexecutive director of the London Stock Exchange and former chairwoman of the EP’s Economic and Monetary Affairs Committee.
Kamerling, who caught up with Bowles last month in London at the 2014 European Investment Conference organized by CFA Institute, calls her “the most experienced person to talk about these issues, having come to the helm of this very important EP committee in 2009 on the heels of the 2008 financial economic crisis, and weathered the storm of the sovereign debt crisis, as well as the tsunami of regulatory process and regulations that followed.”
During the interview, Bowles outlines the major lessons the EP learned from the crisis — “to be transparent, and have more capital in banks ….” She also offers advice for the forthcoming legislature. For more, watch the video.
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