IFC "METROPOL" participated in the meeting of the EBC Committee on Legislation, Banks and Finance
On April 17, a meeting of the European Business Congress
Committee on Legislation, Banks and Finance was held in Taormina
(Italy). Managing Director of the department on analysis of debt
instruments and derivative of IFC "METROPOL" Hawk Sunshine took
part in this event.
Agenda of the meeting: topical issues of the financial and
credit sphere, issues of improving the efficiency of corporate
governance, investment policies and practices.
Particularly, as Hawk Sunshine noted, participants of the
meeting discussed the issue of the volatility of oil prices. "We
came to the conclusion that now it’s difficult to make short-term
forecasts, but the market is self-regulating. If in the near future
the investment is reduced in the industry, we will see a
significant drop in supply and a rise in prices in the medium-term
", - Hawk Sunshine commented on the results of the meeting.
The Committee provides an open brainstorming platform for regular
meetings and professional communication between representatives of
business and international expert community. Personal atmosphere of
meetings provides a useful exchange of views on the global agenda
in the field of economics and finance and has a practical
significance for the development of optimal approaches to the key
legal, banking and financial issues.
In the assets of the Committee recommendations are prepared and
sent to the Secretariat of the Basel Committee on Banking
Supervision. The Committee meets three times a year.