Pan-EU powers to target ‘toxic products’

Report of progress made at the Ecofin Council, Brussels, 13 July 2010 on the legislative proposals to reform the EU's financial supervisory system as Member State governments and the European Parliament seek to come to a compromise agreement on the details of the new law.

EurActiv, 14.7.10: Ministers restrict EU bank supervision http://www.euractiv.com/euro-finance/ministers-restrict-eu-bank-super-news-496295

ESO: Background information: Pan-Euro regulatory body is imminent http://www.europeansources.info/record/pan-euro-regulatory-body-is-imminent/

Council of the European Union: Press Release: PRES/10/205: Financial supervision: the Council sets out its position with a view to continuing negotiations with the Parliament http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/ecofin/115787.pdf

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

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

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