Pan-Euro regulatory body is imminent

Feature discusses the progress of the EU proposal to set up the European Securities and Markets Authority (ESMA) and the other EU-level bodies for financial supervision..

ESO: Background information: Financial services: Commission adopts additional legislative proposals to strengthen financial supervision in Europe http://www.europeansources.info/record/press-release-financial-services-commission-adopts-additional-legislative-proposals-to-strengthen-financial-supervision-in-europe/

European Parliament: OEIL: Financial supervision: powers of the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority http://www.europarl.europa.eu/oeil/popups/ficheprocedure.do?id=581923

EurActiv, 7.7.10: EU countries 'dragging their feet' on bank supervision http://www.euractiv.com/euro-finance/eu-countries-dragging-feet-bank-news-496056

European Commission: DG Internal Market and Services: General policy: Financial Services Committee Architecture http://ec.europa.eu/internal_market/finances/committees/index_en.htm

European Parliament: Press Release, 7.7.10: MEPs back root-and-branch reform of financial supervision: http://www.europarl.europa.eu/news/expert/infopress_page/042-77910-186-07-28-907-20100706IPR77909-05-07-2010-2010-false/default_en.htm

---