Commission launches 'post-Lamfalussy' open consultation on ISD

24 July 2001

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The Commission has launched an open Internet consultation on potential adjustments to the Investment Services Directive. The Commission is seeking reactions from all interested parties on a detailed set of possible adjustments to the structure and content of the Directive.
See press release

This Working Document and other following material has been prepared by the services of DG Internal Market in the context of its preparation of a revision of the Investment Services Directive (93/22: ISD). The Commission's intention to modernise the ISD was first signalled in the Financial Services Action Plan. Recently, the final report of the Committee of Wise Men on the Regulation of European securities markets has identified improvements to the operation of single passport for investment firms and the framework for 'regulated markets' as priorities.

© European Commission