A “paralysis of policy” is contributing to volatility in the European economy, a leading independent regulator in the United Kingdom told attendees at the second annual ACG EuroGrowth conference in London.
Sir Winfried Bischoff, chairman of JPMorgan and chairman of the U.K.’s Financial Reporting Council, said that breaking down hostilities between international regulators could help counter economic instability throughout Europe.
A careful analysis of proposed new regulations is also essential, added Bischoff, a longtime banker and former chairman of Lloyds Banking Group.
“We are at the beginning of the end, per se, of regulation,” Bischoff, who headlined the conference, told 200 middle-market dealmakers at the Grange St. Paul hotel during the opening keynote presentation on Oct. 15.
Along with analysis of the economy, EuroGrowth offered attendees a range of networking opportunities, including an Oktoberfest-themed ACG Capital Connection®—complete with beer tasting—and roundtable sessions on a variety of topics.
Meanwhile, leading panelists tackled topics such as cross-border deals, the European private equity market, global IPO trends and the state of fundraising in the EU.
The event brought together investment bankers, private equity firms, corporate development officers, attorneys and others in the middle-market dealmaking space.