CESR published the first interim report by the Review Panel which provides a global
overview of the state of implementation of two sets of
CESR Standards, one which
establishes a common set of rules to protect investors across Europe and the other which
establishes a common approach to the regulatory framework of Alternative Trading Systems
(ATSs).
The Standards now being reviewed were agreed amongst CESR Members before the formal
establishment of CESR in 2001. Most of the provisions in these Standards are now included
in the draft Financial Instruments Markets Directive, which is currently under discussion in
the European Parliament and Council.
Press release
First Interim report by the Review Panel
List of Alternative Trading Systems Currently operating in Member States
“Synthesis Table” regarding CESR Standards for Alternative Trading Systems
“Synthesis Table” regarding CESR Standards for Investor Protection
Correspondence Table on CESR Standards for Alternative Trading Systems – All Responses
© CESR - Committee of European Securities Regulators
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