The Institute of International Finance (IIF) on December 1st conveyed its financial services regulatory priorities for engagement with the new European Commissioner for Financial Stability, Financial Services and Capital Markets Union, Mairead McGuinness.
The IIF reiterated its support for the goals of a resilient, stable European financial sector that can support economic growth and contribute to a green transition. These goals have become even more critical as a result of the impact of COVID-19 on societies across the world. With that in mind, the IIF and its members bring their considerations on a number of important policy areas:
The IIF response also includes more detailed comments in an annex to the letter to the Commissioner for further considerations, including on the positioning of the European financial industry in a global context.