Verena Ross Explained

Verena Bettina Ross
Birth Date: 4 March 1968
Nationality:German
Occupation:Economist
Known For:Chair of the European Securities and Markets Authority (ESMA)
Education:School of Oriental and African Studies, University of London

Verena Bettina Ross (born 4 March 1968) is a German economist. She is President of the European Securities and Markets Authority (ESMA).[1]

Biography

Verena Ross studied economics at the School of Oriental and African Studies, University of London.

She began her career at the Bank of England.[2] [3] She then served as chief of staff to Howard Davies, the first chairman of the Financial Services Authority (FSA), upon its establishment in 2000. She became an executive director in June 2011, and then president of the European Securities and Markets Authority in 2021.[4] [5] [6] In 2011, she was the preferred candidate of the City of London.

In 2023, she warned about the risks associated with collateral[7] [8] and highlighted ESMA's lack of resources to regulate cryptocurrencies and their impact on financial markets.[9]

Notes and References

  1. Web site: Verena Bettina Ross CV . 2024-06-18 . esma.europa.eu.
  2. Web site: Verena Ross . 2024-06-14 . POLITICO . en-GB.
  3. Web site: 2011-02-23 . FSA director Verena Ross to become chief of EU regulator . 2024-06-18 . The Telegraph . en.
  4. Web site: Cash . Justin . 24 March 2024 . Esma chair Verena Ross on learning lessons from Credit Suisse, and what comes next . 2024-06-18 . fnlondon.com.
  5. Web site: Verney . Paul . Holmstedt Pell . Elza . 2024-06-13 . Lack of greenwashing enforcement in EU is ‘natural’, says ESMA chair . 2024-06-14 . Responsible Investor . en-GB.
  6. Web site: Verena Ross appointed Chair of the European Securities and Markets Authority . 2024-06-18 . www.esma.europa.eu.
  7. Web site: Esma’s Verena Ross: safeguarding the EU’s financial markets . 2024-06-14 . www.ft.com.
  8. Web site: Europe’s top securities regulator warns on risks from leveraged trades . 2024-06-14 . www.ft.com.
  9. Web site: Nicolle . Emily . Pronina . Lyubov . March 22, 2024 . Shorthanded EU Regulator Risks Lagging on Crypto Rules . 2024-06-14 . www.bloomberg.com.