News release 27 January 2012 – 1/2012
FIN-FSA seminar considered strategic issues related to EU regulation and supervision
On 25 January 2012, the Financial Supervisory Authority (FIN-FSA) organised an English-language seminar, directed at the management of supervised entities and listed companies, on the theme ‘How can we make regulation and supervision best support the health of financial markets?’
Speakers at the event were the chairpersons of the EU financial supervisory authorities, Andrea Enria of the European Banking Authority (EBA), Gabriel Bernardino of the European Insurance and Occupational Pensions Authority (EIOPA) and Steven Maijoor of the European Securities and Markets Authority (ESMA). The European Commission was represented by Mario Nava, Deputy Head of Unit. Jyri Häkämies, Minister of Economic Affairs, addressed the seminar as the Finnish Government’s representative, while the financial sector’s point of view was brought forward by Johnny Åkerholm, President and CEO of the Nordic Investment Bank. Anneli Tuominen analysed in her opening remarks principle questions in EU regulation and supervision.
The main themes of the seminar were:
- Priorities for EU supervisory authorities’ work
- Key areas of EU regulation in different sectors
- Impact of regulation on the development of the financial sector and the macroeconomy
- Challenges for monitoring risks and capital adequacy in the banking and insurance sector
- Supervision of securities markets and the provision of savings products
Please familiarise yourself with the presentations:
Anneli Tuominen:
Opening Remarks
Andrea Enria:
The EBA after One Year: Achievements and Challenges Ahead
Gabriel Bernardino:
Towards a European Supervisory Culture
Steven Maijoor:
New European Supervisory System: ESMA's experience
Mario Nava:
The EC's Priorities in Developing EU Regulation in Banking and Insurance
Johnny Åkerholm:
Basel III outdated before the ink has dried (at the NIB's website)