EUROPE: Commission consults on Financial Services Supervision

Tuesday March 10 2009

The European Commission is launching a consultation on the improvement of supervision for the financial services sector. Following the report of the high-level group on financial supervision in the EU chaired by Jacques de Larosière, published on 25 February 2009, the Commission had announced (In its Communication of 4 March 2009 `Driving European Recovery`) its intention of coming forward with a Communication setting out its proposals on the future of the EU supervisory architecture followed by specific legislative measures in autumn 2009.

Therefore, before coming forward with its proposal, it wishes to take into account the views of all interested parties.

Click on the above link to view details of the consultation .

Commission’s Communication of 4 March 2009 `Driving European Recovery`

Click here for the da Losiere Group Report.