EU Regulatory Reform
Although recent European Commission report on corporate bonds is welcome, CFA Institute believes it missed an opportunity to emphasize other recommendations for improving demand for corporate bonds.
Is shadow banking a way to get SMEs the funding they need? The EU’s policy environment, the conundrum European banks are caught in — these are issues Josina Kamerling discusses in a recent interview.
Challenges to cross-border financial services can be overcome with the developments in digitalisation and in the fintech sector. In particular, we believe the financial services industry will increasingly use so-called “robo-advisers.”
Whether the changes will be cosmetic or profoundly far-reaching will depend on the ambitiousness of the policy-makers in the European Commission, Parliament, and the Council (representing EU Member States).