French Watchdog Says Regulators’ Focus Is Boosting Investment

(Bloomberg) — A top French financial watchdog said regulators are increasingly focusing on enabling private investment, rather than creating roadblocks, as Europe seeks to improve its competitiveness and renews its aging infrastructure and defense.

“There’s been this perception for long that, at least in the asset management regulation side, that regulation could only increase in time and never decrease,” Philippe Sourlas, in charge of asset management at Paris-based Autorité des marchés financiers, said at Bloomberg’s Future of Finance event.