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Europe Daily Bulletin No. 10184

20 July 2010
GENERAL NEWS / (eu) eu/financial services
Agreement on “supervision” package subject to extent of binding decisions from future European authorities

Brussels, 19/07/2010 (Agence Europe) - On Thursday 22 July, national ambassadors to the European Union will again tackle the issue of the legislative package for reforming the European financial supervisory system (EUROPE 10182). Negotiations between the Council and European Parliament (the two co-legislating institutions) have entered their final phase and are mainly focused on the extent of the powers the future European Financial Supervisors (EFS) will have.

Member states now accept that...

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