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How is sustainability impacting financial services and reshaping labour markets

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Venue: Online

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Birkbeck’s Responsible Business Centre is pleased to welcome Ms Slavka Eley, Head of Governance and Coordination Unit, European Labour Authority, to an online seminar discussing sustainability’s impacts on financial services and labour markets.

Abstract

Transition to the more sustainable economy has been impacting many areas of economy and daily lives of people. Sustainable Development Goals and their translation into the European Green Deal are being implemented in the financial regulation and supervision and have become a new feature in the risk management and stress testing. On the other side the economic transition to more sustainable production and delivery of goods and services, combined with digitalisation trends, has a significant impact on the labour market. Policy makers and public authorities face new challenges in ensuring that the transition is also socially just. This session will provide a perspective on the impact of the sustainability on both, financial services and labour markets.

Biography

Slavka Eley joined the European Labour Authority (ELA) in September 2021 where she leads the Governance and Coordination Unit, responsible for the overall governance, external relations, horizontal policy coordination, compliance and communication.

Prior to joining the ELA, she worked nine years for the European Banking Authority(EBA) where she led the Banking Markets, Innovation and Products Unit, responsible for the work on financial innovation, digital finance, capital market union and sustainable finance. Between 2013 and 2017 she led the Supervisory Convergence Unit responsible for a common EU supervisory framework for banking supervisors. She represented the EBA at European and international working groups, including the FSB Financial Innovation Network, the European Commission’s Platform on Sustainable Finance and Basel Committee’s Task Force on Climate Risk. Over the last several years, she chaired different working groups at the EBA such as Network on Sustainable Finance, Sub-group on Risk Assessment Systems, and the Sub-group on Supervisory Effectiveness and Convergence.

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