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Image header Agence Europe
Europe Daily Bulletin No. 10220
GENERAL NEWS / (eu) ep/financial services

European Parliament endorses political agreement on new European financial supervision architecture

Brussels, 22/09/2010 (Agence Europe) - On Wednesday 22 September, the European Parliament (EP) voted by a wide margin to give first reading approval to the new European architecture for financial supervision. The financial supervision package, comprising six legislative texts, voted on in single amendments, makes provision for: - a European Systemic Risk Board (ESRB) with responsibility for detecting macro-economic risks to financial stability and making recommendations on how to remedy...

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