BRUSSELS, 17 February 2015 – Members of the WSBI-ESBG Coordination Committee met recently with Lord Hill's Head of Cabinet Matthew Baldwin, who's work involves directing policy work for financial stability, financial services and the recently proposed capital markets union that falls under DG FISMA.
Mr Baldwin gave insights into the priorities and functioning of the new Commission with its structure of vice presidents and commissioners and its overall focus on jobs and economic growth. He stressed his interest in knowing more about the cumulative impact of legislation on savings and retail banks and acknowledged the importance of proportionality.
Baldwin appreciated suggestions made by ESBG members with regard to financing of small and medium-sized enterprises, encouraging ESBG members to contribute with their expertise and insights from financing the real economy to the overall discussion and consultation on the Capital Markets Union.
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