Beneficial Owner conference: the fear of the unknown
20 September 2013 London
Image: Shutterstock
David Lewis, senior vice president of Sungard Astec Analytics, kicked off IMN's 18th European Beneficial Owners鈥� 麻豆传媒 Lending conference in London with a market update.
Lewis鈥檚 presentation entitled, An Industry in Flux, gave attendees a succinct overview of what has happened in the market in 2013, from short selling and shadow banking to the Financial Transaction Tax and Basel III.
He said that the securities lending market is 鈥渟teering a difficult course through regulatory issues and market problems鈥� and that one of the most daunting prospects facing the industry is the 鈥渇ear of the unknown鈥� with regards to regulation, as until implementation there is no way of knowing or predicting how it will pan out.
Lewis concluded his discussion by looking to the future. He explained that the securities lending market 鈥渆volves and morphs all the time鈥�, making it hard to predict. He therefore invited the audience to form its own industry forecasts by participating in discussions and sessions over the two-day conference.
Lewis鈥檚 presentation entitled, An Industry in Flux, gave attendees a succinct overview of what has happened in the market in 2013, from short selling and shadow banking to the Financial Transaction Tax and Basel III.
He said that the securities lending market is 鈥渟teering a difficult course through regulatory issues and market problems鈥� and that one of the most daunting prospects facing the industry is the 鈥渇ear of the unknown鈥� with regards to regulation, as until implementation there is no way of knowing or predicting how it will pan out.
Lewis concluded his discussion by looking to the future. He explained that the securities lending market 鈥渆volves and morphs all the time鈥�, making it hard to predict. He therefore invited the audience to form its own industry forecasts by participating in discussions and sessions over the two-day conference.
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