CESR and the US Commodity Futures Trading Commission (CFTC) launched a Trans-Atlantic Co-operation Initiative and set out a ‘Statement of Intent to Develop an Action Plan on Cross Border Issues’. The Initiative, states that the two bodies intend to develop a practical action plan on cross border issues.
CFTC and
CESR agreed to hold regular meetings to facilitate cross-border transactions by exchanges and firms in each market, and to institute regular communication on matters of regulatory developments of common concern.
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© CESR - Committee of European Securities Regulators
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