Commenting on the unveiling of the new European Commission today, Simon Lewis, Chief Executive of the Association for Financial Markets in Europe (AFME), said:
“AFME welcomes today's announcement by President-elect Jean-Claude Juncker on the composition of the new European Commission. We are confident the new Commission will be able to drive the measures necessary to return the EU to solid and sustainable economic growth and prosperity.
“AFME also congratulates Jonathan Hill on his appointment as the new Commissioner responsible for Financial Stability, Financial Services and Capital Markets Union. This recognises the importance of Europe’s capital markets at a crucial moment, as an unprecedented array of new regulatory measures reach the implementation phase. We look forward to providing the industry assistance necessary to ensure the reforms deliver an efficient, well-integrated financial services market, supporting growth in the European economy.”