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ESMA chairman discusses objectives of organisation

Mar 15, 2012

In a recent speech at the European Private Equity and Venture Capital Association Investors' Forum, Steven Maijoor, Chair of the European Securities and Markets Authority (ESMA), discussed two key objectives he sees for the ESMA.

These objectives are as follows:

  • Develop a "single rule book for the regulation of financial markets in the European Union".
  • Establish a "consistent supervisory framework for financial markets in Europe".

Mr Maijoor also noted that these two objectives are equally important, and he discussed the resource constraints and future funding of the ESMA. Click for the full speech of Mr Maijoor (PDF 191k, link to ESMA website).