Interim Report on the Activities of CESR to the European Commission

03 July 2003

The Committee of European Securities Regulators (CESR) published its interim report on the activities of CESR to the European Commission. The present interim report aims at providing half year information on the activities of CESR to the European Commission, the European Parliament and the European Securities Committee, focusing on the functioning of CESR on “Level 2” and “Level 3” work and finally, provides an indicative timetable of the CESR work plans.

Activities of CESR under the “Level 2” are:

Advice to the EU Commission on implementing measures of the Market Abuse Directive

Advice to the EU Commission on implementing measures of the Prospectus Directive

Possible implementing measures of the proposed Investment Services Directive

The activities of CESR under the “Level 3” consist mainly of the CESR-ESBC Working Group on Clearing and Settlement

Interim report

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