CESR develops its approach to review implementation of CESR Standards

04 March 2004

CESR published the first interim report by the Review Panel which provides a global overview of the state of implementation of two sets of CESR Standards, one which establishes a common set of rules to protect investors across Europe and the other which establishes a common approach to the regulatory framework of Alternative Trading Systems (ATSs).

The Standards now being reviewed were agreed amongst CESR Members before the formal establishment of CESR in 2001. Most of the provisions in these Standards are now included in the draft Financial Instruments Markets Directive, which is currently under discussion in the European Parliament and Council.

Press release
First Interim report by the Review Panel
List of Alternative Trading Systems Currently operating in Member States
“Synthesis Table” regarding CESR Standards for Alternative Trading Systems
“Synthesis Table” regarding CESR Standards for Investor Protection
Correspondence Table on CESR Standards for Alternative Trading Systems – All Responses

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