CESR released the standard on the organisation of greater co-ordination of enforcement activities by supervisors of financial information in Europe and CESR’s Feedback Statement.
The key principles introduced by Standard no. 2 include:
Discussion of enforcement decisions and experiences within a formalised structure;
the principle that all supervisors should take into account existing decisions taken by EU National Enforcers;
the development of a database as a practical reference tool which sets out decisions taken by EU National Enforcers to provide a record of previous decisions reached in particular cases.
Level 3 Committee for the Securities and Asset Management Industries
www.cesr-eu.org',WIDTH, 300, SHADOW, true, FADEIN, 300, FADEOUT, 300, STICKY, 1,DURATION,3500)" onmouseout="UnTip()");">CESR Standard No 2 – Feedback Statement.pdf' target='_blank'>CESR Standard No 2 – Feedback Statement
Level 3 Committee for the Securities and Asset Management Industries
www.cesr-eu.org',WIDTH, 300, SHADOW, true, FADEIN, 300, FADEOUT, 300, STICKY, 1,DURATION,3500)" onmouseout="UnTip()");">CESR Standard No 2 – Coordination on Enforcement Activities.pdf ' target='_blank'> CESR Standard No 2 – Coordination on Enforcement Activities
© CESR - Committee of European Securities Regulators
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article