MEPs win out on powers for new European supervisory bodies

european-parliament

Members of the European Parliament (MEPs) last night ended a deadlock with the European Commission (EC) and European Council over the creation of four new supervisory bodies for the European Union (EU), paving the way for them to be operational at the start of 2011.

The agreement comes 18 months after a high-level EC working group chaired by former Banque de France governor Jacques de Larosière recommended the creation of a European Systemic Risk Board (ESRB), made up of European central bank

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: