Memo: Financial Services Policy Group discusses progress in implementing the Action Plan for Financial Services and the impact of the events in US on financial services policy

The 13th meeting of the Financial Services Policy Group, comprising personal representatives of EU Finance Ministers, took place on 22 November 2001 in Brussels under the chairmanship of Internal Market Commissioner Frits Bolkestein and Director General John Mogg. The Group concentrated on the Giovannini Report on clearing and settlement, a final report by the Belgian Council Presidency and an oral report by the forthcoming Spanish Presidency, the Fifth Progress Report on the Financial Services Action Plan, and the impact of 11 September on financial services policy.