EU warned on financial market risks

Pressure for Europe to centralise policing of banks mounted in January 2009 when the Organisation for Economic Co-operation and Development warned that existing regulatory arrangements increased the risk of financial market problems.

ESO: Background information: Europe’s banks need a federal fix http://www.europeansources.info/record/europes-banks-need-a-federal-fix/

OECD: Press Release, 14.1.09: Euro area needs more integrated financial market supervision, says OECD’s Gurría http://www.europe.xorte.com/0,3,Euro-Area-Needs-More-Integrated-Financial-Market-Supervision-says-OECD-8217-s-Gurr-a,8238.html

EurActiv, 15.1.09: Calls for single EU financial supervisor resurface http://www.euractiv.com/euro-finance/calls-single-eu-financial-superv-news-221060

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