European Financial Forum: Financial Regulation and the Dynamics of Savings and Investment Markets 3-4 november 2011 (report)

This annual off the record conference convened by the European Financial Forum (EFF) in association with the European Fund and Asset Management Association (EFAMA), Paris Europlace, and the Association for Financial Markets in Europe (AFME) was the first to be held at the Royal House of Cumberland Lodge after a successful 13 year series at Wilton Park. The conference brought together senior market participants, regulators and officials from ten countries across Europe plus senior representatives from the European Commission, Brazil, India and the Hong Kong SAR to discuss international capital markets and their regulation. Acknowledging the need for appropriate regulation, but concerned about the implementation of new regulatory requirements, the meeting focused much of its attention on the three new European Supervisory Authorities (ESAs), namely the European Banking Authority (EBA), European Insurance and Occupational Pensions Authority (EIOPA), and European Securities and Markets Authority (ESMA), and the impact their work and global regulatory developments would have on the financial services industry in the European Union (EU), US and Asia in particular.

Report