ESC Summary Record of 19 April 2004

28 April 2004

ESC Summary Record of 19 April 2004 Issues discussed included:

Vote on a regulation implementing the prospectus directive

Vote on a regulation implementing the market abuse directive

Equivilance between IAS and third country GAAPs

Extension of competences of ESC to UCITS

Results of the Forum Groups on securities and on asset managers and on the High Level Conference scheduled for 22/23 June

NA