The European Commission has published the text of an online address by Financial Services Commissioner Maria Luís Albuquerque at the conference of trade unions in the financial sector of Northern European countries (Nordic Financial Unions), held in Reykjavik on October 22, 2026. The Commissioner noted that she regretted her inability to attend in person, expressing hope for a face-to-face meeting in the future. The central theme of her speech was the resilience of Europe's financial sector in the face of mounting uncertainty and rapid change, including geopolitical risks, technological developments, and economic challenges. Albuquerque emphasized the importance of cooperation between regulators, financial institutions, and trade unions to ensure sector stability and protect the interests of industry workers. The Nordic Financial Unions conference traditionally brings together representatives of trade unions and regulators from the financial sector of Northern European countries to discuss current issues concerning employment, regulation, and sector resilience. The Commissioner's address was part of a broader discussion on how the European financial sector can adapt to changing conditions while maintaining social stability and protecting labor rights.