Duisenberg speech on the integration of Europe's financial markets

08 October 2002

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Speech by Mr. Duisenberg, President of the European Central Bank, on the occasion of the 42nd Annual Meeting of the World Federation of Exchanges in Amsterdam, 8 October 2002.

In his speech Mr Duisenberg concludes that there are possible ways, in between pure legislative or regulatory action on the one hand, and sheer competition on the other, for promoting the integration of the financial markets. One such way is co-ordination within the private sector. It is a common experience around the world that where this avenue is used without endangering competition, it can produce the desirable results.

Full speech

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