24 April 2015
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.
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.
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