Members of the European Parliament's Committee on Economic and Monetary Affairs (ECON) approved by a large majority on Monday, 1 April, the provisional interinstitutional agreement reached at the end of March (see EUROPE B12219A6) on the reform of the European financial supervision architecture (see EUROPE B11864A1).
They approved the main proposal amending the founding regulations of the three European Supervisory Authorities (ESAs) by 28 votes to 1 with 4 abstentions. The proposals...