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

Verena Bettina Ross
Born (1968-03-04) March 4, 1968 (age 56)
NationalityGerman
EducationSchool of Oriental and African Studies, University of London
OccupationEconomist
Known forChair of the European Securities and Markets Authority (ESMA)

Biography

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Verena Ross studied economics at the School of Oriental and African Studies, University of London.[2]

She began her career at the Bank of England.[3][4] She then served as chief of staff to Howard Davies, the first chairman of the Financial Services Authority (FSA), upon its establishment in 2000.[4] She became an executive director in June 2011,[4] and then president of the European Securities and Markets Authority in 2021.[2][5][6][7] In 2011, she was the preferred candidate of the City of London.[4]

In 2023, she warned about the risks associated with collateral[2][8] and highlighted ESMA's lack of resources to regulate cryptocurrencies and their impact on financial markets.[9]

References

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