(Finance) – “Today the importance of connecting the significant savings of Europeans with the needs of investments is clear. We need a single European market, without barriers, fragmentation and complexity that we still see in Europe. All this is used to create the ability to attract investors and invest for the long term, improve investments in companies and the supervision system, ultimately to improve market conditions. ” Verena RossChair of the European Securities and Markets Authority (ESMA), at the “Fifty Years of Consob’s event: between present and future” in Bocconi.
“We must demystify some things and warn that if in some areas we do not move together we will be weak – he continued – the role of ESMA will depend on the mandate that we will get, but we are ready to respect these mandates. We are a credible supervisor and in some areas we can increase efficiency“.
“We are Ready to do our part To make the union of savings and investments progress, but we need an agreement at European level and the collaboration between public and private “, stressed Ross.