The Economic and Monetary Affairs Committee (EMAC) adopted a report on the extension of the Lamfalussy process to banking, insurance and collective investment undertakings. Rapporteur Christa Randzio-Plath underlined that any new rules on the adoption of financial services legislation must respect Parliament's role in the process. Mrs Randzio-Plath insists that the European Parliament should be given a minimum of three months from the first transmission of draft implementing measures to be able to examine them properly.
Final report
© European Parliament
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