| Author (Corporate) | European Commission: Press and Communication Service |
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| Series Title | Press Release |
| Series Details | IP/02/684 (8.5.02) |
| Publication Date | 08/05/2002 |
| Content Type | News |
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The European Commission launched a second and final round of open consultations on 8 May 2002 on updating existing rules on the information which has to be regularly provided by companies whose securities are traded on regulated markets such as stock exchanges. The Commission intends to submit a proposal for new legislation to the European Parliament and the Council at the end of 2002. The latest consultation document sets out a number of suggested approaches, revised in the light of the 90 responses to the first round of consultation launched in July last year (see IP/01/1861). The document also takes account of recommendations made in January 2002 by the Commission's High-Level Group of Company Law Experts (see IP/02/24). This extensive dialogue with interested parties is in line with the approach to financial services legislation agreed with the European Parliament and Council and based on the recommendations of the Lamfalussy Committee on the Regulation of European Securities Markets (see IP/02/195). |
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| Source Link | http://europa.eu/rapid/pressReleasesAction.do?reference=IP/02/684&format=HTML&rapid=0&language=EN&guiLanguage=en |
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| Subject Categories | Business and Industry, Internal Markets, Law |
| Countries / Regions | Europe |
