CESR publishes Standard No. 2 on Financial Information

22 April 2004

CESR released the standard on the organisation of greater co-ordination of enforcement activities by supervisors of financial information in Europe and CESR’s Feedback Statement.

The key principles introduced by Standard no. 2 include:

Discussion of enforcement decisions and experiences within a formalised structure;

the principle that all supervisors should take into account existing decisions taken by EU National Enforcers;

the development of a database as a practical reference tool which sets out decisions taken by EU National Enforcers to provide a record of previous decisions reached in particular cases.

CESR Standard No 2 – Feedback Statement
CESR Standard No 2 – Coordination on Enforcement Activities

© CESR - Committee of European Securities Regulators