Valdis DombrovskisVerified account

@VDombrovskis

, Vice-President for the Euro and Social Dialogue, also in charge of Financial Stability, Financial Services and Capital Markets Union

Brussels
Joined May 2009

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  1. Transparency can incentivise big companies to lead by example: we will propose by next year to include in our guidelines on non-financial disclosure the recommendations of the FSB's Task Force on Climate-related Disclosure, chaired by Michael Bloomberg

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  2. All Europeans should have access to certified and labelled green funds, in which they can freely invest their savings. We want to provide clear definitions and labels to make it easier for investors to identify activities that are

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  3. is no longer a niche – it is going mainstream. But this change is not happening fast enough, so we need to do everything we can to support this effort

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  4. Thanks to Constantin Cotzias, Bloomberg Director for Europe to hosting the roundtable on Action Plan on sustainable and green finance at the Bloomberg in . is a joint priority for the EU and the UK

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  5. Good to meet with , the Chancellor of the Exchequer - on and financial services

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  6. Good exchange of views with Mark Carney, Governor of and Chair of the Financial Stability Board on financial stability, , assets and the opportunities for the sustainable finance

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  7. During my speech at the I put the focus on the undeniable fact that the 🇪🇺 is the most open major market for financial services in the world. Free movement of capital is grounded in the founding treaty of the

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  8. We should not let perfect be the enemy of good. Despite its imperfections, equivalence has proven to be a pragmatic solution that works in many different circumstances, and it can work for the after as well – at London Guildhall

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  9. Much is uncertain around the negotiations, so firms and supervisors need to keep preparing for all scenarios. We are helping where we can, but in the end, it's for firms to identify how will impact their business – at London Guildhall

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  10. The is the most open major market for financial services in the world. Free movement of capital is grounded in our founding treaty, and my job is to promote and safeguard this freedom – at London Guildhall

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  11. Retweeted
    5 hours ago

    “Equivalence has proven to be a pragmatic solution that could work post Brexit” - Vice-President and Commissioner, Euro and Social Dialogue, Financial Stability, Financial Services and Capital Markets Union, European Commission

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  12. My speech at on the lessons learned after 10 years of crisis and the importance to pursue both strengthening area and international cooperation

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  13. What we need is not less globalisation, but more fairness: fair pay, fair tax, fair trade, and fair treatment of countries and people. This is what we should aim for. At

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  14. The and should heed our long-standing tradition of working together for free and fair through multilateral fora like the WTO.

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  15. Trade has helped the and economies recover and created many high-quality jobs. The EU is a champion of free trade. We have recently adopted a trade deal with Canada, and we have just reached an agreement in principle with Mexico.

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  16. In May we will also propose draft law which will task asset managers, insurance companies and pension funds to incorporate environmental, social and governance factors in their investment decisions.

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  17. In May we will table an law to develop a unified EU classification system of sustainable economic activities. We want to define what is green and what is not.

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  18. The risks of for global financial stability are high. Europe now has a strategy to facilitate private investment in green and sustainable projects. But our ambition will reach twice as far if the joins forces with us

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  19. I am confident that we will manage risks in a responsible way. And the EU and UK will find a new way of working together.

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  20. Speaking at : negotiations are proceeding well, but important issues remain. I cannot stress enough the importance of all parties being prepared for all scenarios.

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