Frank Elderson: Two issues to take on together

Keynote speech by Mr Frank Elderson, Executive Director of Supervision of the Netherlands Bank, at the European Banking Federation's Banking Summit "Building A Positive Future For Europe", Brussels, 2 October 2019.

Central bank speech  | 
07 October 2019

At the end of the first day of the European Banking Federation's Banking Summit in Brussels, Frank Elderson gave a keynote speech. In his speech, Mr. Elderson highlighted two important topics that must be at the top of the agendas for the financial sector in the period ahead: combatting money laundering and greening the financial system. For both topics the financial community, and society at large, need to intervene collectively.

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We are all here today, bankers, policymakers, supervisors and politicians alike, because we all share a common responsibility. It's up to all of us to look to the future. To anticipate what this future may bring. And to make sure we prepare for it.

I am sure the grandeur of your surroundings has not escaped your attention. Our venue today, the magnificent Steigenberger Wiltcher's Hotel, was built over a century ago, in 1913. It was constructed in the late Art Nouveau style, as a Grand Hotel, and named after its founder, the Anglo-Belgian Sydney-Charles Wiltcher. Looking around you, you may be forgiven for thinking nothing here has ever changed. For over a hundred years. But no.