The regulatory objectives include market confidence, increase public awareness, enhance consumer protection, reduce financial crime and increase international competitiveness. Mr Parlour finally discussed the A2E model as a regulatory framework solution. Issues relating to authority behaviour, controls, distortion and error were elaborated. Jean-Pierre Paelinck made the concluding address. One can see the emergence from the financial crisis to the growing of the real economy.
Technology can be an important driver towards the tackling of unemployment.
Both competitive and co-operative aspects will effect the financial landscape in Europe. Competition needs to be maintained to enhance the quality of service. A single stock exchange risks to adopt monopolistic practices. Participants from Central and Eastern Europe reminded us that creditors are the bad guys. This may also apply to the Western European markets.