Insurance Regulation & Accounting

MPs probe Europe’s plans for financial regulatory reform

A House of Commons committee has launched an “urgent” inquiry into the European Commission’s proposals to reform the architecture of supervision at European level, which could be given final approval before the end of the year. The Treasury Committee invited evidence on the Commission’s proposal for both a European Systemic Risk Board and its plans to convert the existing Level 3 bodies for banking, insurance and securities into three separate authorities with enhanced powers, including binding authority over member states on supervisory standards and mediation powers when member states reach stalemate on controversial issues.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click Log In button.

Copyright © 2024 Maritime Insights & Intelligence Limited. Maritime Insights & Intelligence Limited is registered in England and Wales with company number 13831625 and address 5th Floor, 10 St Bride Street, London, EC4A 4AD, United Kingdom. Lloyd's List Intelligence is a trading name of Maritime Insights & Intelligence Limited.

Lloyd's is the registered trademark of the Society Incorporated by the Lloyd's Act 1871 by the name of Lloyd's.