As regards employment, taking into account the “lags” usually observed after periods of recession, we could see an increase in unemployment even with growth rates returning to positive territory. We must therefore act with determination to strengthen confidence. Indeed, it was confidence that was so dramatically lacking following the events of September 2008.
Today’s event is all about finding these benefits in the various areas of finance in which you are active. Only by convincing market participants of the benefits of the LEI, will they be encouraged to contribute to its more widespread use. It is clear that the LEI offers many benefits and has widespread support.