24 April 2002

EMAC established advisory panel on financial services

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The European Parliament’s Committee on Economic and Monetary Affairs has established a panel of financial services experts to advise it on the measures set out in the Financial Services Action Plan. In the context of the implementation of the ’Lamfalussy report’ on securities regulation, the panel will also provide evaluations of Commission proposals for implementing measures submitted to the European Securities Committee, as well as, consultation documents issued by the Committee on European Securities Regulators.

The panel will be made up of ten independent experts with experience of working in financial markets, backgrounds in European financial services law and careers in financial services regulation. The briefings provided by the experts will serve to help parliamentarians to judge whether the objectives of the European Commission are successfully achieved by their upcoming proposals, and whether implementing measures proposed by the Commission are in accordance with the requirements set out by Parliament and Council in basic legislation.

Members of the advisory panel are:
Professor Nils Jul Clausen, University of Southern Denmark, Odense
Professor Philip Molyneux, University of Wales
Professor Marco Pagano, Università di Salerno
Professor Blanche Sousi, Université de Lyon 3
Mr Didier Davydoff, Observatoire de l’épargne européen, Paris
Mr Manuel Esteve, Madrid
Ms Marianne Kager, Bank of Austria/Creditanstalt, Wien
Mr Hans-Helmut Kotz, Landeszentralbank Bremen
Mr Ruben LeeE, Oxford Finance Group, London
Ms Fields Wickler-Miurin, Vesta Capital Advisors, London

© European Parliament