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Europe Daily Bulletin No. 7953

27 April 2001
Contents Publication in full By article 20 / 45
GENERAL NEWS / (eu) eu/financial markets
European Commission proposes Directive for better coordination of financial conglomerates supervision authorities

Brussels, 26/04/2001 (Agence Europe) - On Thursday the European Commission proposed a Directive on the surveillance of financial conglomerates foreseen by the action plan for financial services. The initiative is part of the framework for the achievement within the EU of an integrated market by 2005, in order to make up for the delay compared to the United States. To tackle the consolidation underway in the stock markets, which leads to the creation of cross-sectoral financial groups, that...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT