On the latest episode of the Bright Ideas Podcast, SFA CEO Michael Bright sits down with Ian Bell, CEO of the PCS Initiative, for a wide-ranging discussion on:

— The origins and purpose of the STS framework

— Why Europe’s securitization market has struggled to recover post-GFC

— How regulation has shaped market growth and investor behavior

— The latest EU and UK reform efforts

— Why geopolitics is accelerating capital markets reform across Europe

Ian offers an insightful look into the trilogue process, implementation challenges, and the broader push to strengthen Europe’s financial system and economic competitiveness.