ESMA Chairman Maijoor on Sustainable Finance, Brexit, Crypto

The video discusses sustainable finance, highlighting the importance of transparency and the impact of environmental risks on investments. It explores global trends in sustainability, focusing on efforts in Europe and Asia, and the need for reliable measures and regulations. The impact of Brexit on financial regulations and market dynamics is examined, along with the challenges of maintaining consistent rules between the EU and UK. Finally, the video addresses concerns about cryptocurrency security and the need for regulation.

What is a key aspect of sustainable finance?

• Ensuring transparency in investments

• Focusing solely on financial returns

• Ignoring environmental impacts

• Maximizing short-term profits

Why is there a growing interest in ESG investing in China?

• To increase short-term profits

• Due to government mandates

• To avoid taxes

• Because of changing weather patterns

What is a major challenge in developing sustainability regulations?

• Overabundance of financial resources

• Difficulty in measuring environmental impact

• Lack of investor interest

• Excessive international standards

What was a key preparation for a no-deal Brexit scenario?

• Reducing trade with the EU

• Clarifying the share trading obligation

• Eliminating all financial regulations

• Increasing taxes on imports

What is a potential risk of the UK leaving the single market?

• Increased consistency in regulations

• More consistent supervision

• Higher investment in the UK

• Divergence in rules and regulations

What has been observed regarding UK entities post-Brexit?

• Mass relocation to the EU

• No movement at all

• Increased investment in the UK

• Complete regulatory alignment with the EU

What is a concern for investors in cryptocurrency?

• Limited market access

• Lack of interest

• High transaction fees

• Security issues