Brussels, 06/08/2003 (Agence Europe) - The Committee of European Securities Regulators (CESR) and the European System of Central Banks (ESCB) have launched a consultation process on securities clearing and settlement in the EU. In two documents published on the web (http: //www.europefesco.org), the CESR and the ESCB invite interested parties to react before 31 October. A hearing will be held in Paris on 2 October.
In the first document, the organisations propose 19 ESCB-CESR standards...