Building resilience through more collaboration, by Liam Benham, Vice President Government & Regulatory Affairs, IBM Europe
In the increasingly digitalized landscape of EU financial services, risks become more systemic and the need for resilience increases.
Systemic risk and the need for resilience in financial services do not begin and end at the geographical borders of the EU. Europe should remain open, strengthen partnerships with trusted players, and avoid overly prescriptive regulation.
In this blog post, Liam Benham, Vice President for Government and Regulatory Affairs at IBM Europe stresses the importance of striking the right balance for critical digital infrastructure in the financial services sector between proportionate regulation offering legal guardrails and enough flexibility for co-creation and information sharing.
He advocates for stronger digital resilience, including by supporting a bespoke combination of public and private actions like the Charter of Trust.
To learn more, read IBM’s article here.