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Image header Agence Europe
Europe Daily Bulletin No. 10259
Contents Publication in full By article 20 / 43
GENERAL NEWS / (eu) eu/ecofin council

Formal adoption of new financial supervision rules

Brussels, 18/11/2010 (Agence Europe) - On Wednesday 17 November, the ECOFIN Council formally concluded the legislative procedure for introducing changes to the European financial supervision system (see EUROPE 10219 and 10220). The ministers unanimously agreed on a range of new financial supervision legislation, explained the Belgian finance minister Didier Reynders, saying that it would be possible to bring the new law into force on 1 January 2011, setting up the three ESAs (European...

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