The consultancy firm brought together businessmen and executives together with Montserrat Martínez, advisor to the Governor of the Bank of Spain, and Francisco Uría, Director General of the Spanish Institute of Banking and Finance at CUNEF University, in a meeting focused on the impact of the European agenda of regulatory review and simplification on the financial system and the financing of the real economy.
PROA Comunicación, a consultancy firm specialising in strategic communication, corporate reputation and public affairs, has held a new edition of its annual Current Affairs Dialogues, The European Commission's annual report, which focuses on the analysis of the proposals promoted at the European level to simplify and revise the banking regulatory framework and their possible impact on the financial system, will be published in the Official Journal of the European Union (OJEC).
The meeting was attended by Montserrat Martínez, adviser to the Governor of the Banco de España, and Francisco Uría, The event brought together businessmen, managers and institutional representatives interested in the main regulatory challenges facing the sector.
The debate comes at a time when European institutions have opened an agenda aimed at reviewing and simplifying the banking regulatory framework after more than a decade of regulatory accumulation following the financial crisis. In this context, various recommendations promoted by the European Central Bank propose reducing regulatory complexity, reinforcing the proportionality of rules, especially for smaller institutions, and improving the efficiency of the system, while maintaining solvency and financial stability standards.
Held at the headquarters of PROA Comunicación, the event was held with the aim of fostering an open and constructive exchange among attendees and generating a space for technical reflection on issues of particular relevance to the economic and financial agenda.
The session addressed, in general terms, aspects related to the evolution of the regulatory environment, the balance between supervision and competitiveness and the role of regulatory simplification in the adaptation of the financial system to the new economic and technological challenges. In this context, Francisco Uría stressed that regulatory simplification processes not only have an impact on the functioning of the financial sector, but also on the financing capacity of households and small businesses, by influencing the conditions of access to credit and the efficiency of the system.
The meeting is part of the cycle PROA Communication Current Affairs Dialogues, an initiative driven by the consultancy firm to promote spaces for conversation and analysis in which relevant figures from the economic, political, media and cultural spheres exchange perspectives with businessmen, executives and opinion leaders, contributing to a better understanding of the issues that set the public agenda.