Director - Financial Markets, DG for Financial Stability, Financial Services and Capital Markets Union, European Commission
Ugo Bassi is Director of Financial Markets at FISMA, the European Commission's Directorate‑General for Financial Stability, Financial Services and Capital Markets Union since 2012. Lawyer by profession, Ugo Bassi started his career as a 'referendaire' at the European Court of Justice before joining the European Commission. In the last years, he held several management positions and was responsible for various post-crisis measures in the area of financial services and markets, namely Post-trade, Securities, Asset Management, Audit, Accounting, and Credit Rating Agencies. He launched the Capital Markets Union (CMU) project, including the Sustainable Finance component and secured the adoption of many legislative proposals in this context. The most recent ones, currently under negotiations, are the proposal to establish a European Single Access Point (ESAP), the proposal for a Regulation on European green bonds (EuGB), the proposal for a Corporate Sustainability Reporting Directive (CSRD), the proposal to review the European Long-Term Investment Funds (ELTIFs), the proposal to review the Alternative Investment Fund Managers Directive (AIFMD) and the proposal to review of the Markets in Financial Instruments Regulation (MiFIR). He represents the European Commission in the Board of Supervisors of ESMA and in many other high-level fora and events worldwide, thus contributing to the international work of the Commission in the area.