The need for more sustainable investment is pressing. An additional EUR 180 billion will be needed each year to put Europe on the path to environmental and socio-economic stability by 2030.
During the Ant Group IPO process, we noted that regulatory risks would likely continue to be an issue for the company. Though it was certainly not expected to come so soon! It is widely well known at this point that the acceleration in regulatory scrutiny over Ant’s business was largely a response due to disparaging comments Jack Ma made about the state of financial regulations in the country.