Summary Statement of Boudewijn Baron van Ittersum - Will ISD Deliver?

A speech delivered at a luncheon offered to the participants of the conference 'Will ISD deliver?', on March 1st, 1996 in London.

On behalf of the Amsterdam Exchanges NV I am delighted to host this luncheon today. The conference organizers, the European Capital Markets Institute (ECMI) and the Royal Institute of International Affairs, to whom I pay tribute, have managed to sponsor an excellent Report and to gather an impressive and professional audience to discuss the challenges facing the European Capital Markets as a consequence of the European directives.

The report is of high quality indeed. As the presentations and discussions during this conference are showing, it stimulates a heated debate on important policy matters for issuers, investors and market organisations alike, that go beyond the European scene.