3L3 outlines its 2007 work programme


The three committees have agreed to focus their joint work on those areas where there is a high risk of disruptive regulatory arbitrage, where cross-sector cooperation can deliver obvious gains in the effective conduct of supervisory activities, and where co-operation among the three could bring about a real efficiency gain.

One of the priorities for 2007 is to finalise all analytical work begun last year relating to internal governance, reporting requirements, supervisory cooperation and

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