CESR publishes consultation paper on the passport under MiFID

The Committee of European Securities Regulators (CESR) has published a consultation paper on the passport under the Markets in Financial Instruments Directive (MiFID) which sets out proposals for a common approach to the notification procedures set out in Articles 31 and 32 of the Directive and on the future collaboration between home and host authorities to ensure efficient and consistent supervision of cross-border activities.

The aim of the proposals is to maximise harmonisation of the no

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