Press Release: Financial market supervision: Commission launches consultation of interested parties

The European Commission launched 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 intends to come forward by the end of May 2009 with a Communication setting out its proposals on the future of the EU supervisory architecture followed by specific legislative measures in autumn 2009. Before doing so, it wishes to take into account the views of all interested parties.

• Primary Source

ESO: Background information: Call for early warning system for banks http://www.europeansources.info/record/call-for-early-warning-system-for-banks/

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