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Esma outlines aims for regulatory consistency

One of the key aims of the European Securities and Markets Authority is to deliver a common approach to regulation across the EU, ensuring consistency and co-operation across borders. Executive director Verena Ross talks to ORR about how the new regulator intends to do this

Verena Ross at Esma

Born at the start of 2011 in the middle of the biggest financial turmoil in 70 years, the European Securities and Markets Authority (Esma) has had more than the usual challenges faced by a new regulator. Initially, executive director Verena Ross says, the challenge was to get across the message that Esma was more than a renamed version of its predecessor, the Committee of European Securities

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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