CESR Annual Report 2007

25 July 2008

Much of CESR’s work was based on longer term working programmes. Due to actual developments, CESR reacted to the market turmoil during the second half of 2007 and added a number of new key priorities to its work.

Much of CESR’s work was based on longer term working programmes directed at delivering convergence following the implementation of the Financial Services Action Plan. Due to actual developments, CESR reacted to the market turmoil during the second half of 2007 and added a number of new key priorities to its work.

 

“The year 2007 will not easily be forgotten in the history of financial markets”, Eddy Wymeersch, Chairman of CESR noted. “The year was characterised by a watershed between the first half that developed without great occurrences, at least on the surface, and the second half that required us to mobilise all our forces to cope with the strong headwinds blowing from across the Atlantic.”

 

Press release

Annual report

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