EU wary on financial supervision

Author (Person)
Series Title
Series Details 5.12.07
Publication Date 05/12/2007
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A far-reaching Italian proposal to set common standards for supervising financial institutions across the European Union was brushed aside 4 December 2007 by EU Finance Ministers in favour of a roadmap for more cautious step-by-step reform.

Related Links
Council of the European Union: Press Release, 4.12.07: Council Conclusions on Review of the Lamfalussy Process http://www.consilium.europa.eu/ueDocs/cms_Data/docs/pressData/en/misc/97387.pdf
BBC News, 4.12.07: UK to block EU market regulation http://news.bbc.co.uk/1/hi/business/7126409.stm

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