AP1’s CEO Kristin Magnusson Bernard is now a member of the Financial Stability Contact Group (FSCG) of the European Central Bank. The FSCG serves as a forum for discussing issues related to euro area financial stability and is chaired by the Vice-President of the ECB, Mr. Luis de Guindos.
The FSCG brings together a diverse group of market participants and analysts, chosen to represent key sectors of the financial system and based on their knowledge regarding current financial stability issues.
Kristin Magnusson Bernard comments:
“I was very glad to accept the invitation to join the Financial Stability Contact Group from the Vice-President of the ECB, Mr. Luis de Guindos. We had a really engaging discussion in the group. While many concerns were shared, others were definitely not, which is certainly reassuring from a financial stability perspective.”