This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

European goal: an integrated securities market by 2003

  • European Union (old) Image

03 Jul 2001

The European Commission has created two key committees as part of its financial services action plan: a European Securities Committee (ESC) and a Committee of European Securities Regulators (CESR).

The ESC will be composed of high-level representatives of the Member States. It will advise the Commission on issues relating to securities policy. At a future date, it will also act as a regulatory committee. The CESR is set up as an independent advisory body composed of representatives of the national public securities regulatory authorities to advise the ommission on the technical details of securities legislation. The Commission's goal is to achieve an integrated European securities market by the end of 2003. Click for Commission's June 2001 Progress report on its Financial Services Action Plan (PDF 69k).

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.