Brussels, 03/01/2011 (Agence Europe) - Learning from the financial crisis and gaps that emerged during it in terms of risk prevention and coordinating the work of national supervisory authorities, the European Union has set up a new financial industry surveillance and supervision system, which came on stream on 1 January 2011.
A few days after the setting up of the European Systemic Risk Board (ESRB) in December, which is a new independent body based in Frankfurt, Germany, that will monitor...