Last Wednesday, Theglasshammer.com held its first annual event in London for senior women in the capital markets. Our panel’s topic, “How to manage risk and find growth in the new regulatory environment,” opened up dialogue for senior women to discuss how to do business in the financial markets in 2012 and beyond. The event drew almost 100 senior women from leading financial firms in the City as senior women from both the sell-side and the buy-side came to network and participate in a closed-door discussion. The focus of the event was to address how to navigate the markets, find growth, and stay compliant in an increasingly regulated environment.
Moderator of the event, Monica McConville, Partner, Practice Leader, English Law Equity Capital Markets at Shearman & Sterling, invited the panelists to give their perspective on the way capital market regulatory changes might impact day-to-day business.
The panel, consisting of Mary Pragnell, Managing Director, Regulatory Response, GBM Treasury, RBS Global Banking and Markets; Joanna Cound, Managing Director, Government Affairs and Public Policy, BlackRock; and Dr. Sonja Koerner, Partner, Risk, Financial Services, Ernst & Young, tackled a set of questions posed by regulatory reforms in the post 2008 crisis ‘New Normal.” To manage risk and continue to grow as an industry, we contemplated how could we predict, define, and manage some of the unintended consequences of regulators’ actions.